Ironbark Zinc Website - http://ironbark.gl/
Click on Feasibility Study tab
Page 151 of 156 - Cost per tonne of marine grade oil (MGO) fuel is US$753.
Page 142 of 156 - 11.OPERATING COST ESTIMATE follow your nose and read.
Marine grade oil (MGO) fuel is US$531.64 as of 23.01.17 –
http://www.bunkerindex.com/prices/bixfree.php?priceindex_id=4
Oil contributes to about 8c per lb operating cost and now that it is 30% cheaper we’ll make an extra 2.5c lb. I have been conservative on my 8c lb operating cost, could be as high as 12-15c lb...it all makes IBG's story more compelling.
DYOR and keep going up Zinc J
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Revised feasibility numbers, page-2
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