There is no way they can run the mine at the current LME price of US$12.95/lb, @quickthinker. You appear to be working out the costs wrong. Also the US$7.95/lb is the cash cost, not the AISC.
Look at the BFS and check the sensitivity analysis for +/- 30% (on page 22). A -30% reduction in the assumed BFS cobalt price of US$25/lb down to US$17.5/lb drops the project NPV down to just US$8M. The current price is almost a 50% drop so the NPV would be negative (especially given the capex overruns).
Ann: Jervois Global Limited 2023 Annual Report to Shareholders, page-10
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add JRV (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.2¢ |
Change
0.001(9.09%) |
Mkt cap ! $32.43M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.2¢ | 1.0¢ | $30.39K | 2.714M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 243471 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 4350647 | 14 |
View Market Depth
| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| JRV (ASX) Chart |