I have been talking about the metrics for a long time now and now people are catching on.
Let me use our trial mining figures of 27,000 tonnes which were stockpiled at an extremely cheap cost.The range for our world class asset per tonne is $170 AUDs to $750 AUDs. This would equate to a revenue range of $4,590,000 to $20,250,000 for the trial mining sample. The relative costs associated with simply processing rock phosphate right through to DAP will vary significantly but the prize at any spot along this revenue continuum is company making.
Ragingboom says: Patience will be rewarded.
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