PLS 5.84% $2.90 pilbara minerals limited

Spodumene Prices, page-4734

  1. 14,091 Posts.
    lightbulb Created with Sketch. 80
    actually if we were breakeven there would be no income to tax right?
    so I need only use CIF and sustaining cap ex
    *cost of sales(CIF) = 235,800 x A$733 = A$173m
    *sustaining cap ex etc = A$63m
    Total costs A$236m
    convert A$ to US$ divide by 1.5
    US$157m
    breakeven per tonne would then be US$667
    ($157,333,333 / 235800 = US$667)
    so don't panic
    maybe we would be making money even if spod got to US$700
 
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