My concern is dates have slipped again, costs come up to $94.4/t, more cap raising next year to fund working capital and DSO production halved. All the DFS did was add time and $$s. I do not see anymore clarity in this report/announcement than what we have previously been given. There are still many fluffy areas which could bite the project.
The bottom line is getting worse. If you take 1Mtpa and a IO price of $135/t and let's just increase the operating costs by a simple 10% (which is not out of the question, just consider the effect of the price of oil on mining and transport) there is not much left to go round.
I am also concerned about the mining strip ration of 5:1 to target the DSO production. 2.50 seems awfully light on.
- Forums
- ASX - By Stock
- TYX
- perspective
perspective, page-11
-
- There are more pages in this discussion • 47 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TYX (ASX) to my watchlist
|
|||||
Last
0.4¢ |
Change
-0.001(20.0%) |
Mkt cap ! $13.15M |
Open | High | Low | Value | Volume |
0.5¢ | 0.5¢ | 0.4¢ | $723 | 154.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 2902756 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 6116742 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 2902756 | 0.004 |
7 | 10846915 | 0.003 |
12 | 10010059 | 0.002 |
6 | 11588888 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 6116742 | 9 |
0.006 | 8284167 | 7 |
0.007 | 1513900 | 4 |
0.008 | 5095206 | 10 |
0.009 | 985200 | 4 |
Last trade - 15.47pm 10/09/2024 (20 minute delay) ? |
Featured News
TYX (ASX) Chart |