Aug. 14 at 10:22 AM
$CDE For copper at New Afton, based on the latest production and CAS forecasts and the current copper price, the CAS per pound is expected to drop to
$1.72 instead of
$2.15 for Q2, and the average gross profit for Q3 and Q4 is expected to be
$65 million compared to
$42.6 million for Q2. For 2027, based on production of 105 million pounds, we should be able to expect an average quarterly gross profit of 105M with a CAS of
$2.Based on current gold and copper prices and production and CAS forecasts, Newgold’s two mines could generate a gross profit of approximately 1.7 billion in 2027. But I’ll stop with my calculations since no one on this forum seems interested.
