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1.4¢ australian mines limited

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ura_bull

7,245 Posts.

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26/10/18

09:56

Post #: 36269439
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Originally posted by Flippa01 ↑

Hi monark
Perhaps yo can also say how much a nickel concentrator costs to build, and include in the Capex estimate the development of underground mines inclusive of dewatering systems , sub stations , vent fans, jumbos and HV networks to power these drilling machines, winders.
And aoso inform people how a sulphide nickel concentrator uses not only expensive to operate underground mines but deep pit hard rock mining both of these mining means use the drll and blast method to mine thd hard rock ore.
Then after all this and processing thru a concentrate the product is a 12-20% nickel in concentrate product that must be sold to a third party for further processing to obtain a final nickel or cobalt metal product. For this concentrate product about 75-80% lme nickel price is earned and the producer normally pays all shipping costs to the third oarty refiner who has paid for the concentrate.
Perhaps you should have told all here that is the costs and payments to a sulphide producer which is why laterites that produce a final product are competitive with the sulphide miners.

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You'd think he'd be sick of being pwned by you at this stage... glutton for humiliation I guess..

AUZ Price at posting: 3.1¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 1.4¢		Change 0.002(16.7%)		Mkt cap ! $19.57M

Open	High	Low	Value	Volume
1.3¢	1.5¢	1.2¢	$652.5K	47.13M

Buyers (Bids)

No.	Vol.	Price($)
5	10700000	1.4¢

Sellers (Offers)

Price($)	Vol.	No.
1.5¢	5126249	8

View Market Depth

No.	Vol.	Price($)
4	9200000	0.014
7	18735430	0.013
6	19170000	0.012
15	12353920	0.011
16	21225994	0.010

Price($)	Vol.	No.
0.015	2620159	6
0.016	7066881	11
0.017	3918993	10
0.018	2040774	5
0.019	1944999	5

Last trade - 16.10pm 18/10/2024 (20 minute delay)

AUZ (ASX) Chart