E25 element 25 limited

Ann: Quarterly Cashflow Report, page-6

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    if you refer to OMH comment on QTR3, they reduced unit rate by 17%, by only producing 13% more.

    Thats shows the high level of fix costs at play.

    E25 should push to increase productivity, even if they just stockpile and start hitting 2 shipments from Jan onwards, when the credits kicks in.

    the key is achieving nameplate and obviously reduction of shipping cost.

    Double handing the ore before port is not free either. Maybe time to buy a Pirate Ship that can carry 10,000tn at a time


    https://hotcopper.com.au/data/attachments/3751/3751227-abdd7016ca712f3bece7c8bbee8f505a.jpg




 
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