re: Ann: CEO Diggers and Dealers 2011 Present...
Let's say the $28.88 figure is for mining and processing.
The HK doc gives the other operating post ramp-up costs (which are more significant)for Mt Cattlin as,
* Transport A$5-6 / tonne treated * Site administration and other A$4 / tonne treated
So based on that we get an operating cost of around $40/t Li ore processed, bearing in mind mining and processing costs should come down with higher through put.
In contrast the HK doc p116 has full production operating cost of $43-5.
However, who knows how GXY have costed things as it is all in flux with the ramp-up that is not expected to finish until the end of the forth quarter. ___________________________________________
mmartin must say it is uncanny, I had to check who I was reading.
GXY Price at posting:
23.9¢ Sentiment: None Disclosure: Held