distance to port and payloads, iron ore trucks like the ones LTR...

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JackSpark

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21/01/24

09:35

Post #: 71983441
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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

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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

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