STB south boulder mines ltd
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re: Ann: Carnallite Scoping Study Completed &... Page 7 of ELM's...

  1. asf
    9,887 Posts.
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    27/11/12
    19:31
    Post #: 11115464
    re: Ann: Carnallite Scoping Study Completed &... Page 7 of ELM's presentatoin, radio? I can't find it there.

    One what metrics do you say that STB is now uneconomic? Before, it had an IRR of 44%. Now, capex has increased, but so have output measures. What's your basis for an uneconomic resource here? I notice the market responded mildly positively today, and the market is a good gauge of things.
    STB Price at posting: 40.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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