Thanks @neeco68, that is the one I was looking for. I work out the opex cost to be AUD$74.19/t on head grade improved scenario which is also the go forward option. Total cost per feed ton (1.81 + 4.61 + 0.76 + 1.39) = aud 9.11. We need 15.5 feed ton to produce 2.7 ton so 5.74 ton feed for 1 ton concentrate. cost per ton concentrate = 9.11*5.74 = $52.29 plus transport $21.90 = A$74.19 = US$55.6. I think that is great result. We need to remember this cost doesn't include saving from NextOre tech. It is expected the saving could be up to 20%. So that is likely to come down in DFS estimate. Comparing 2013 PFS where opex was US$68, that is 18% reduction not considering the inflation and other factors and most important ones are additional cost of road and rail transport compared to 2013 where the plan was to install a slurry pipeline. I applaud management for this achievement. And what management has said they plan to focus on reducing the cost soon after going into production.
Our per ton realisation based on US$110 LT average price will be A$180/ton. That is gross margin of 142.6%. That is outstanding as it stands.
I bet a lot of people posting their 2 cents here wouldn't have looked at this aspect or simply have no idea about it.
- Forums
- ASX - By Stock
- MGT
- Ann: Positive PFS Results for Razorback Iron Ore Project
Ann: Positive PFS Results for Razorback Iron Ore Project, page-270
-
-
- There are more pages in this discussion • 576 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MGT (ASX) to my watchlist
(20min delay)
|
|||||
Last
17.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $19.60M |
Open | High | Low | Value | Volume |
17.0¢ | 17.0¢ | 17.0¢ | $33.25K | 195.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 91389 | 16.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.5¢ | 141000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 91389 | 0.165 |
4 | 110000 | 0.160 |
2 | 15000 | 0.150 |
1 | 10000 | 0.145 |
1 | 20000 | 0.140 |
Price($) | Vol. | No. |
---|---|---|
0.175 | 141000 | 2 |
0.180 | 120852 | 4 |
0.185 | 51679 | 3 |
0.195 | 8310 | 3 |
0.200 | 104706 | 2 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
Featured News
MGT (ASX) Chart |