Daily price prediction thread, page-5539

"I am still hopeful that epa will get over the line eventually but the damage to the sp might be irretrievable. We are certainly not looking at dollars even when things come right. IMHO & DYOR"


I'd challenge the last part of your assessment, Carna. Our current pitiful shareprice does not impact the ultimate profitability of the project - we still have 1 billion tonnes of product, and the revenue earned selling that is dependent on the price we sell it for and the profit we make on that. Even if, and I suspect it is the case, our production costs are higher than originally projected, that only translates to single extra dollars per tonne over the life of the project at most - so the revenue stream should still be there. It's why many of us are staying put - and you would imagine it's why the Germans are here in the first place.

It may take a few extra years to pay off the higher capital cost, but once we are cashflow positive...



GLTAH - DYOR