MCR 0.00% $1.39 mincor resources nl

can anyone explain share price drop, page-22

  1. 1,486 Posts.
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    Most recent quarterley estimates for production costs as researched by Diggers and Drillers are:

    PAN $4.69/lb
    MCR $6.12/lb
    WSA $$.23/lb
    MRE $5.03/lb
    IGO $4.15/lb
    FXR $5.93/lb

    Mirrrabella not in production yet, but in their May presentation they estimated $2.77/lb

    Fuel, especially for those mines with their own power generation is actually quite a large expense for U/G mines, especially as they get deeper. More fans, more pumps means more gensets, plus there's longer hauls for the trucks and boggers.
 
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