I believe 30% fixed costs is for 22ktpa. I assume 11ktpa would have higher % fixed costs.
Fore the guy worrying about $37/kg costs for 1100t, it is hardly relevant when the next quarter should be 2500t or so.
Assuming fixed costs are 40% for 11000tpa, at the March rate of 4400ktpa, it could be 70%.
For the next quarter, I guess it will cost about $22/kg for 2500t, 10ktpa. Drastically lower than the cost to produce 4400tpa.
Ann: Suspension from Official Quotation , page-25
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