Ann: Austral Resources Company Presentation - RIU Sydney, page-274

LD99 the AUD vs USD is down to 70 cents - do you know what Copper price will be in July?? No u dont!

If we assume we at $14,000/tomne - BTW the cost are fixed (mining contract + processing contract). input cost fuel (how about these are locked in - do you know that). Economy of scale. AR1 plant size is 30,000 tonnes regardless we produce 10 tonnes or 30,000 toness the cost is the same.

to make you feel better assume fuel price is up 25%. what percentage of AISC is fuel not more that 10%

so $10m cash

BTW sell me your cheap shares as am buying …. I will sell mine to you at $1.50

DYOR