moweman, you are mixing your numbers up.
to produce that 1180t they are treating approx 340,000t of ore at $20/t margin. surplus of about $6.8m pa at start up prices.
1 tonne of WO3 is currently worth about US$20,000 with costs of about US$13,400. hence a nice little margin.
one thing you have to consider here is that whilst cash costs have probably increased significantly over the past 2-3 years the WO3 price has gone backwards, making a lot of other projects look pretty marginal at these current price levels.
do your sums when WO3 hits US$300 mtu. the number look pretty impressive.
ann out, page-3
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add VML (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.2¢ |
Change
-0.001(20.0%) |
Mkt cap ! $11.79M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.3¢ | 0.2¢ | $2.218K | 1.048M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 91 | 99960548 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 19989241 | 27 |
View Market Depth
| Last trade - 13.52pm 03/09/2024 (20 minute delay) ? |
| VML (ASX) Chart |