Seeing zinc fall so comprehensively below $1 per pound is a real jolt to the senses. Given we have no clear breakeven cost level available we are very much in the lap of the gods now. If your comments d are correct regarding the projected price of zinc being 1600 per tonne (73c per pound) then the question is going to be is this an economic level for Perkoa to operate? I vaguely recall a zinc cost price being bandied around of low 60c per pound as being the break even level at the AGM however now that we have rising transport costs this number (just like anything that Flory kicked around) is not reliable.
What amazes me is the way the company is just going ahead with the project without any apparent regard for the economic viability of the project. Offtakes would be nice as would confirmation of funding however at this stage I think we should be told of what the exact breakeven level is for this project. Anyone got any numbers on this?
- Forums
- ASX - By Stock
- a week we all could have lived without
Seeing zinc fall so comprehensively below $1 per pound is a real...
-
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AIM (ASX) to my watchlist
|
|||||
Last
43.0¢ |
Change
0.010(2.38%) |
Mkt cap ! $89.79M |
Open | High | Low | Value | Volume |
42.5¢ | 44.0¢ | 42.0¢ | $102.0K | 237.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 296 | 43.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
44.0¢ | 45726 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 11670 | 0.420 |
3 | 27742 | 0.400 |
1 | 3000 | 0.380 |
1 | 15000 | 0.360 |
2 | 15000 | 0.350 |
Price($) | Vol. | No. |
---|---|---|
0.440 | 45726 | 1 |
0.445 | 16000 | 1 |
0.450 | 70190 | 4 |
0.455 | 135 | 1 |
0.470 | 24563 | 2 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
AIM (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online