I'm not sure if this is the way Macquarie calculated their figure of $5,822 but:
If shipped as ore, Macquarie may be assuming 70% recovery for the comparative figure:
- 15,000 unconcentrated is 10,500t of recoverable ore at 70%.
- Now recovery losses have been accounted for, 10,500t concentrating from 1.4% to 6.0% would reduce the volume to 2,450t (at SC6)
- The scaling factor between 15,000t and 2,450t is 6.122
- If you multiply the price received of $951 by 6.122 the answer is $5,822
Banter and general comments, page-15105
-
- There are more pages in this discussion • 24,066 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CXO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
8.8¢ |
Change
-0.002(2.22%) |
Mkt cap ! $188.0M | |||
| Open | High | Low | Value | Volume |
| 9.0¢ | 9.1¢ | 8.6¢ | $1.563M | 17.58M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 299999 | 8.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.0¢ | 471760 | 6 |
View Market Depth
| Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
| CXO (ASX) Chart |