TLG 3.81% 50.5¢ talga group ltd

Mining stats not my bailiwick. I thought it was driven primarily...

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    Mining stats not my bailiwick. I thought it was driven primarily by :

    1. Very high grade, thus reducing costs throughout the whole process.

    2. Extremely low cost power which is a big input.

    3. Limited processing as the flake size is perfect and does not need to be spherinised

    4. Initially open cut mine, 1 tonne blocks on a lorry. Now with LKAB who are one of the most efficient mining companies. They can mine profitably at very low grades.

    Primarily grade and energy costs deliver the low figure.
 
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