after 1 year, target
production $20
shipping $18
barging $1.5
royalty $1.3
tax $2
total cost range $40-$45
ore price range $50-$60
profit range $5-$15 pt
But if you order inadequate mining equipment from day one,refuse to upgrade after one year off course you will have issues.
despite rains daily productions 4000-7000
this may surprise u but production cost in SI should have been $10-$15 and it was doable.
ceo must act, make decisions and cut uncommercial contracts/cost as soon as signals arise.
instead read ASX announcement it sounds like the only CEO strategy was to send 3 ships. Dreamer. Guy never listened to more experienced miners, anyone asking questions simple got fired and unpaid.
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