Don't want to nit pick, but we have no indication that the USD 4.8mm is all that it will cost. Also, we have to pay that back out of the Cs.
I guess it could cost $4.8mm to get down to the Cs, in which case, that is the cost of mining the Feldspar. Treating them as separate resources, there has to be a cost to digging anything up right? Hence my admittedly conservative calculation.
Doesn't seem to matter because the market simply couldn't care less by the looks of it.
- Forums
- ASX - By Stock
- Ann: Drilling Confirms A Grade K Feldspar at Sinclair
Don't want to nit pick, but we have no indication that the USD...
-
- There are more pages in this discussion • 36 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ESS (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online