MDI middle island resources limited
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Ann: Sandstone Feasibility Study, page-73

  1. GT55
    4,726 Posts.
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    22/04/21
    13:27
    Post #: 52650339
    Cheaper to run, assumption is variable costs stay the same on per ton basis, but overheads come down by 17%.
    Profitably depends on the grade of those additional tons coming in.
    Unfortunately most got caught up in the low cost upgrade and forgot all about the total capex needed for an actual startup.
    It’s a tough one.
    MDI Price at posting: 12.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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