All this talk of the sulphur price increase has got me thinking about the impact to BMN.
We know from the Coffey report that they used $160/t and $200/t for sulphuric and sulphur prices respectively. So we are looking at an increase in cost of about 4x at current prices.
They worked out that the operating cost was ~$22/lb ($7 of that being reagents) Increasing the reagent costs 4 fold gives us an operating cost of ~$51/lb.
As today's U price, thats still a margin of ~$23/lb. And with a BASE case production of 6.5m lbs thats still a healthy $150m pa.
Have I missed something?
(Please don't turn this into a bull vs bear debate. I'm just trying to get my head around the potential impact)
All this talk of the sulphur price increase has got me thinking...
-
- There are more pages in this discussion • 24 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add BMN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.73 |
Change
-0.140(4.88%) |
Mkt cap ! $483.3M | |||
| Open | High | Low | Value | Volume |
| $2.78 | $2.79 | $2.65 | $1.373M | 503.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 2267 | $2.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.73 | 3561 | 6 |
View Market Depth
| Last trade - 11.41am 25/07/2024 (20 minute delay) ? |
| BMN (ASX) Chart |