GXY 0.00% $5.28 galaxy resources limited

re: Ann: CEO Diggers and Dealers 2011 Present... Let's say the...

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  1. 413 Posts.
    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.
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    mmartin must say it is uncanny, I had to check who I was reading.
 
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