looks like they are very confident to restart Horn Island. Assume $35/t ore operating cost, at 2g/t, cost of mining&processing is less than $600/oz. Cash margin of ~$1700/oz, at 0.5moz, that's $850m of gross margin over time. 0.028/share looks very undervalued at the moment
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
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0.8¢ | 4183246 | 5 |
View Market Depth
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12 | 3699434 | 0.006 |
14 | 7647009 | 0.005 |
14 | 18370239 | 0.004 |
8 | 20033656 | 0.003 |
Price($) | Vol. | No. |
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0.008 | 4183246 | 5 |
0.009 | 541030 | 4 |
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