from todays announcement...
Lake Disappointment –Development projections.
Initial production:200,000 tpa
Estimated cost of production:$98/tonne
Estimated transport costs:$90/tonne
Amortisation plus interest ($60 million debt):$75/tonne
Projected profit (EBT):$37 million/year
Net profit (after tax):$26 million/year
Payback period:3 years
Mine life:100+ years
The operation can be readily expanded to 400,000tpaat low incremental cost which approximates the current Australian domestic consumption.
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- this is how the potash numbers stack up
this is how the potash numbers stack up
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