This is from the consolidated report from the company for the 2020 calendar year on page 8.
The FOB cash cost of concentrate produced for FY2020 was US$447/dmt compared with a realised selling price of US$352/dmt.
The cost of sales in that year was $458 per tonne.
In CY2019 the cost of sales was $592 per tonne and the selling price was $502.
2018 was remarkably better with a cash margin (profit) of $424 and in 2017 it was $346.
Would you agree that the past 2 years Mt Cattlin has been a loss maker?
I am still looking for details of the Mitsubishi agreement as for if they are still clipping a ticket at 10%? - Any idea?
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