MNE 5.26% 3.6¢ metallum limited

ann out, page-2

  1. 347 Posts.
    Correct me if im wrong..

    5000 tonne per month cost of production is 5000 X $54 = 270K

    Payment at a grade of CU 4.5% ..5000 X $137.77 = $688,850 profit is $418,850

    Payment at CU grade of 7.5% ... 5000 X $329 = $1,645,000profit of $1,375,000

    Im probably missing something this sounds too good to be true, all depends on CU grades i spose..
 
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