Sigma used a ridiculous SC5.5 (?) CIF selling price (US$4000?) for their feasibility. Their CIF cost for DFS was US$523/t, and FOB cost was about US$400/t for SC5.5. Their Sep 2023 FOB cost was higher than DFS FOB cost (not surprising). Their profit margin is likely similar to Goulamina mine (SC6.0).
General Discussion, page-9455
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