Ann: US$65m for 5% sale of Goulamina and Continued Suspension, page-176

First 176 Last

Share
Profile

Follow
JackSpark

592 Posts.

108

21/01/24

09:35

Post #: 71983441
Share

Originally posted by fooca: ↑

From the update DFS:
https://announcements.asx.com.au/asxpdf/20211206/pdf/453thn0vcvj5l1.pdf

Royalties = 4.3% of gross revenue, or 6% of Royalty base price.
This is calculated at US$46.3/t(DFS C3 costs)

Transport costs = US$98/t concentrate, inclusive of port charges, (DFS C1 costs)

Furthermore, nominal payloads have increased by 32% (38 tonnes to 50 tonne) and road conditions being better than expected will reduce absolute truck numbers required and potentially generating enhanced cost efficiencies.
~ a potential for further cost reductions?, with the price of diesel trending down.

Travel distances to either port is basically the same, so there would hardly be any cost differences between the two.
Abidjan = 1,000 kls, and San Pedro = 950 kls
The route to San Pedro can also be used for 80% of the journey to Abidjan and then diverting on the A2 for the remainder of the trip.
~ both ports have options for backloads and these we being assessed.

Other announcements used for royalty payments:
https://announcements.asx.com.au/asxpdf/20220621/pdf/45b370mv2gxty6.pdf

Freight price fluctuations between Australian mines; could be distance to port as more fuel needed?

cheers

Expand

distance to port and payloads, iron ore trucks like the ones LTR will be using to transport ore normally have 3-4 carriages

LLL Price at posting: 50.5¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

MiningNews Select Conference: Look further afield for funding projects, advises Rick Rule

SS1

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

LSR

From the Floor question: "Why are you going back to Ned's Creek for a drilling campaign?" | Lodestar Minerals

MiningNews Select Conference: Smooth permitting, strong teams the key to project success and reaching demand

ASX Market Close: Index gains 1% after interest rates pause | June 18, 2024

There are more pages in this discussion • 225 more messages in this thread...

First 176 Last

Add LLL (ASX) to my watchlist

(20min delay)
Last 50.5¢		Change 0.000(0.00%)		Mkt cap ! $498.5M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Ann: US$65m for 5% sale of Goulamina and Continued Suspension, page-176

MiningNews Select Conference: Look further afield for funding projects, advises Rick Rule

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

From the Floor question: "Why are you going back to Ned's Creek for a drilling campaign?" | Lodestar Minerals

MiningNews Select Conference: Smooth permitting, strong teams the key to project success and reaching demand

ASX Market Close: Index gains 1% after interest rates pause | June 18, 2024

Featured News

Featured News

Ann: US$65m for 5% sale of Goulamina and Continued Suspension, page-176

Top Stories

MiningNews Select Conference: Look further afield for funding projects, advises Rick Rule

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

From the Floor question: "Why are you going back to Ned's Creek for a drilling campaign?" | Lodestar Minerals

MiningNews Select Conference: Smooth permitting, strong teams the key to project success and reaching demand

ASX Market Close: Index gains 1% after interest rates pause | June 18, 2024

Featured News

Featured News