too busy now but you seem to have no idea about what I am saying. also, i am not posting here to discuss with you but with more knowledgable posters
SYR's spherical opex is $2,300/t, which appears to include the $657/t revenue for the Balama concentrate. therefore, the SYR spherical opex is $1,643/t net of concentrate cost
so is KNL going to supply the concentrate for the 20,000tpa spherical from the 60,000tpa mine concentrate?
if so, to make its $44.5M EBITDA for the mine, it appears KNL must sell concentrate to itself for $1,181/t
this appears to mean KNL are claiming today they will sphericize for $494/t, which is 30% of the SYR opex
unless i am missing something, i can't make sense of today's announcement
importantly, if you understood what you were talking about, you could explain it to me
