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9.5¢ walkabout resources ltd

Ann: Development Progress - Lindi Jumbo Mine, page-6056

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sirrobbo

4,146 Posts.

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24/06/24

11:02

Post #: 74455764
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Originally posted by Farmdownsouth ↑

You're back of an envelope calculations are problematic. The majority of costs are associated with fixed costs, ie interest charges, insurances, power, labour etcetera. If the plant is producing 30 bags per 24 hours instead of 110, then the cost per tonne can be approximated by $400 x 110/30 = $1,466 per tonne of concentrate. Obviously that is NOT profitable.

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Ridiculous calculation when electrical power is the main cost per tonne and gas for the burner and transportaion can all be taken out of that equation if the plant is not running. That's just to name a few.

Last edited by sirrobbo: 24/06/24

WKT Price at posting: 11.0¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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