AGM australian governance & ethical index fund
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my earnings forecasts, page-13

  1. ghosta
    2,699 Posts.
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    28/01/07
    16:31
    Post #: 2144460
    Smelting costs.
    SMY gets BHP to do the smelting in Australia so is a cost to SMY.
    AGM sells its nickel concentrate. Its smelted in China at Jinchuans cost.

    These costs bear no relationship to each other.
    AGM Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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