MNE 5.26% 3.6¢ metallum limited

footnote 2 (on page 1) indicates total cost $149.50 per tonne....

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    footnote 2 (on page 1) indicates total cost $149.50 per tonne.

    There is a big error on page 4 where they've left the figure out. "an all-in sustaining cost of ....." - they left the figure out before the brackets.

    Will be revised next week I guess.

    I make it to be $2.2M annual coming in. 1500 tonnes was only from 3 weeks in December. 500 tonnes a week * $90 *50 weeks = 2.2M -ish.

    Plenty of companies out there making this sort of money, with market cap based on PE of 5 or 10. Plenty of upside imo.

 
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