Correct me if im wrong..
5000 tonne per month cost of production is 5000 X $54 = 270K
Payment at a grade of CU 4.5% ..5000 X $137.77 = $688,850 profit is $418,850
Payment at CU grade of 7.5% ... 5000 X $329 = $1,645,000profit of $1,375,000
Im probably missing something this sounds too good to be true, all depends on CU grades i spose..
- Forums
- ASX - By Stock
- MNE
- ann out
ann out, page-2
-
- There are more pages in this discussion • 11 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
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries