Inital Capex of about $160 Million is about twice Rocket's estimate.
Ongoing Capex about $40 per tonne of pellets, when added to C1 costs, bumps up the ongoing real cost of production quite substantially.
Underground risks seem high. Remember, there are humans driving the trucks down there.
Still, if pellet prices stay elevated, the next ten years should be profitable.
Ann: Savage River Underground Prefeasibility Study Results, page-18
-
- There are more pages in this discussion • 22 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add GRR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
29.3¢ |
Change
-0.008(2.50%) |
Mkt cap ! $335.6M | |||
| Open | High | Low | Value | Volume |
| 29.5¢ | 29.5¢ | 28.8¢ | $205.8K | 704.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 80439 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.5¢ | 236822 | 29 |
View Market Depth
| Last trade - 11.54am 23/08/2024 (20 minute delay) ? |
| GRR (ASX) Chart |