OBM 4.91% 58.8¢ ora banda mining ltd

Those will be the retail diesel prices in that chart. The retail...

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    Those will be the retail diesel prices in that chart. The retail price is still likely to have not fully adjusted to the fall in oil price. Often takes 4-6 weeks for retail prices to adjust. Mining companies also get the 38 cent/litre rebate so in percentage terms the fall is more for them.

    Looks like Davyhurst is majority diesel powered with a 5.5MW diesel station so it benefits both in the fleet and the power supply.

    Here's a useful chart that I got from a Regis presentation a few years ago. Probably still holds fairly true although A$ has weakened a bit more. Every US$10/fall in the oil price now is about 7 cents per litre saving.

    diesel cost.png
 
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58.8¢
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57.0¢ 59.5¢ 56.0¢ $3.126M 5.365M

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No. Vol. Price($)
18 251279 58.5¢
 

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Price($) Vol. No.
59.0¢ 139926 13
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