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re: Ann: Cudeco regains 100% control of Multi... I think you...

  1. garndo
    224 Posts.
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    03/02/14
    15:08
    Post #: 12886954
    re: Ann: Cudeco regains 100% control of Multi...
    I think you have grossly underestimated the road transport costs. Distance from Cloncurry to Townsville is ~780km. At a conservative A$0.10/per tonne/per km - you get a road transport cost of ~ A$80/t.

    Regardless of the fact that CDU is just rehashing an old press release and sticking it out again.
    CDU Price at posting: $1.49 Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 11  Upvote
    lightbulb Created with Sketch.  Great analysis
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