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clock Created with Sketch. 26/07/19
21:20
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Originally posted by Rick19:
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Yep, thats one of my main concerns too. Lets assume we achieve upper end (or best case) production guidance of 40kt in Q3, its based off an allocated $42M in forcasted production costs. That's over $1,000per tonne cost of production. Last qtr we achieved a selling price of $1078AUD so just covering costs once royalty taken out etc...
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Plant shut down also involves cost. Restart commissioning is costly too. Steady state production is usually the best way to save cost, provided the products can be sold timely, even if it's sold at a loss.
