Attached spreadheet is from SF2TH. Notice that it assumes a 75% payability and 12.5Mtpa ROM. IXR use 70% payability in the SS. IXR have allowed $12.60 per ton OPEX. SF2TH has calculated $13.44 mined/t revenue. So that's 84c per ton at an initial 2.5Mtpa EBITDA.
Again happy to be proven wrong but it seems noone can be bothered picking up a calculator to do so.
This will be my last post for IXR so enjoy the peace and good luck
IXR Price at posting:
3.4¢ Sentiment: None Disclosure: Not Held
