Csd average costs?, page-22

Without hard(er) numbers nothing "should[] be counted in or out..." tbw. Very true.

I imagine it as a calculus equation. Most of the variables are floating numbers, eg. cost of Sn, Fe, petrol as a function of shipping prices (ship and truck), electricity... I consider fixed prices, eg. new-reno'd mill, labour (dropping?) as part of capex.

Once better defined numbers are plugged in, any contractual obligations covered, then one can plan out the specs of all factors in order to optimize profit, eg. roast Sn to a point in Oz to create a higher value ore for shipping, thereby retaining more profits and lessening roaster costs. This is my preferred scenario based on speed to profit coupled with lower capex. ie. unnecessary to build a super duper roaster -- though with a multi-year LOM retaining more profit by building that roaster is an option.

Dearest CSD we, your owners in part, await these many years in quiet obedience to your missives about WTF you doin' mate!!

OV