Thanks beast
However the 4$/ton cost seems low?
Also you forget non cash costs(depreciation)..........hence it wont be making 20M profit.Assuming capex of 400M and 15 yrs straight line depreciation ---non cash cost is ~27m /yr
So I am still skeptical about its minability.
- Forums
- ASX - By Stock
- KMN
- don't lose heart
don't lose heart, page-5
Featured News
Add KMN (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
EQN
EQUINOX RESOURCES LIMITED.
Zac Komur, MD & CEO
Zac Komur
MD & CEO
SPONSORED BY The Market Online