Just running some number on the info we have.
2000 pounds in a ton
0.27 of 2000 = 5.4pt
5.4 divided by 71% recovery = 3.78pt
5 year ave Nickel price is $14000ton divided by 2000 = $7pound
3.78 * $7 = $26.46
Total mining cost are $13 pt
26.46 - 13 = $13.46
40m tpa * $13.46 = $538,400,000
The exchange rate basically covers the tax rateSo in theory we are looking at +$500m ppa and that's using $14k Nickel price, its 50% higher at the moment.
No wonder Fitzgerald said these thing throw of huge amounts of cash when mining rates are around 40m tpa.Happy to be corrected if my math is incorrect.
- Forums
- ASX - By Stock
- ASO - Media
Just running some number on the info we have. 2000 pounds in a...
-
- There are more pages in this discussion • 449 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ASO (ASX) to my watchlist
|
|||||
Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.65M |
Open | High | Low | Value | Volume |
0.9¢ | 1.0¢ | 0.9¢ | $33.26K | 3.476M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
22 | 3879255 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 1260152 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
21 | 3779255 | 0.009 |
13 | 4088374 | 0.008 |
7 | 2481713 | 0.007 |
3 | 410000 | 0.006 |
3 | 950000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 1260152 | 5 |
0.011 | 406572 | 3 |
0.012 | 307319 | 5 |
0.013 | 538769 | 4 |
0.014 | 1688325 | 6 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
Featured News
ASO (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online