have we got a ship?, page-156

Here you go adjusted to your sales price just for you.



As for concentrate costs, we would be charging them mining costs only and they would be charging us conversion cost only.

We then pay the other running costs out of the gross profit and they pay their other running costs out of their gross profit.

So that allows us to charge them a costs concentrate price and that allows them to charge us at costs conversion price.

I can understand why your confused cause you might have looking at other companies estimated conversion costs which are a much higher all inclusive AISC figure.

This is called synergy working together not trying to steal from each other plates but cooking a nice meal that we can both enjoy equal portions of.