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19,072 Posts.
2666
22/02/23
20:56
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Do you know the "Current cost of production" for FMG?
Lol
Braindead, if their AVERAGE COST OF PRODUCTION was $15 p/b in 2019. How much would it have increased in 4 years?
Has Inflation gone up 100% in 4 years?
Has wages in Russia gone up 100% in 4 years?
Quoting an Average cost of production of $30p/b is NOT ONLY reasonable, but also realistic.
The current O&G company I am invested in, has an Average cost of production of $30 to $35p/b - and that is in Australia, with Australian wages!!!
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