AGM 0.00% $1.60 australian governance & ethical index fund

about to explode, page-23

  1. 354 Posts.
    Hi Ghosta

    I took development costs as $77m for the plant, and +34m spent on Avebury project up to Sept 06 (from their Excellence Mining presso - but the $34m might have included some expenditure budgeted in the $77m).

    I see they have allowed about $6 per tonne for "marketing" in their opex estimates. This seems extraordinarily high considering the Chinese are taking all the short term production, or is there another explanation?

    Cheers, GF
 
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