Tough times loom. In my opinion we (the company) need to conserve funds.
Operating costs (CIF) is quoted as $900 (our Aussie dollars). With SC6 at US$900 (AU$1350 approx) and SC5.3 AU$1190 that leaves a margin of $290 per tonne. Assuming P680 has been achieved, then we have 170,000 tonnes @ $290 = $49.3 million for this quarter.
These calculations are very rough and I welcome corrections.
Cantankerous James
Tough times loom. In my opinion we (the company) need to...
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