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Ann: Development Progress - Lindi Jumbo Mine, page-6053

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    https://hotcopper.com.au/data/attachments/6266/6266739-8b0140d6514ad35befa96dd77a5b39c3.jpg
    Based on what Mike has reported so far.
    - majority of large flake being produced
    - basket prices are close to the DFS numbers
    - tonnes being produced every hour the plant is running

    The costs of production is reported at about $400 per tonne and even if we estimate that cost incurred over a 24hr period to produce 40Ktpa that gives about $2400 per hr and about $56k per day.
    Given the average basket price for large and small flakes is about $1000 then the plant would need to produce 56 bags a day to break even. Even at 3 bags an hour which is about 50% capacity of the plant they would be breaking even
    Last edited by Stirer: 24/06/24
 
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