Try costs of usd$1350 as per ann from last August. Also it seems a bit tricky as we seem to be producing a variety of downstream products in 3 different stages (well that's the plan but I'd say we will go straight to stage 2 or 3), however the average assumed basket price is usd$2550. Seems a tad conservative now if uncoated SG can fetch usd$5000? Also i believe coated SG is being looked at which goes for +usd$7000, obviously with a higher opex though. I'd double the usd$1350 opex but the increase in margin may make it worthwhile. Last point....there been numerous mention of a JV for the downstream facility, most likely its with sojitz, so we'd be unlikely to pay a middle man but need to relinquish some equity in the project to build the thing without waiting a few years for cashflow from epanko or pedantic German banks.
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Try costs of usd$1350 as per ann from last August. Also it seems...
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