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1.2¢ aston minerals limited

"Aston will be a large scale, low cost production. They will be...

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jogo

3,806 Posts.

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11/01/24

20:01

Post #: 71838912
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Originally posted by michaelhaley: ↑

Key take away point from all of that is…

Low cost production is key to survive a bear market.

Aston will be a large scale, low cost production.

They will be producing at less than USD$5/lb or USD$10,000 per ton which is below 2020 nickel low and competitive to Indonesia. This is due to Aston being able to do a large scale open pit and simple processing method. They have a shallow, near surface deposit in a tier 1 location.

Ask yourself this? Will Indonesia supply Nickel at less than its profit margin? No.

They have already said they intend to cartel Nickel, this means they will increase/ decrease production to influence price.

Aston are able to thrive in bull markets and survive in bear markets.

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"Aston will be a large scale, low cost production. They will be producing at less than USD$5/lb or USD$10,000 per ton which is below 2020 nickel low"
It may well have to be if it is going to succeed, but you have made that up Michael and in the process are destroying your credibility.

ASO Price at posting: 2.1¢ Sentiment: None Disclosure: Held
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Last 1.2¢		Change -0.003(20.0%)		Mkt cap ! $16.83M

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Price($)	Vol.	No.
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