Gday Charl
This is from the announcement from the 15/10/2009.
"The Conceptual Study estimated the complete costs of mining to ship loading (FOB) at US$33 per tonne, which is competitive in international markets."
Correct me if I am wrong but dont the Chinese pay for the shipping? Therefore the potential margin is in fact nearly $70US/tonne before taking into account admin costs.
At the first years production targets that could end up being a profit of approx the more than our current market cap which is just crazy!
Gday CharlThis is from the announcement from the 15/10/2009."The...
-
- There are more pages in this discussion • 2 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 ELE (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $24.27M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
| ELE (ASX) Chart |
Day chart unavailable