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3.3¢ sayona mining limited

At $100 profit per tonne 75/25%, are we able to even afford JB...

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burgersauce

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17/01/24

14:27

Post #: 71924209
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Originally posted by Paddywagon1982: ↑

Yes and no. the cost of production will be $800US, however, say the JV is making $100 dollars profit per tonne it will be split 75:25%. However, conversely if we are loosing $100 per Tonne the JV partners will have to share that loss 75:25%. The cost of production will remain the same- it's just the proportionate share of the profit and loss when looking at JV. PLL will be entitled to 25% of Revnue as well as cost, so you just can't take it off production costs- you need to take it off revenue as well. The net results is 25% share of profit or loss.

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At $100 profit per tonne 75/25%, are we able to even afford JB our CEO @600k pa?

SYA Price at posting: 4.6¢ Sentiment: None Disclosure: Not Held
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