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BoomerIf you read Item 3.9 Re: AIM report...

  1. 3H
    5,864 Posts.
    Boomer

    If you read Item 3.9 Re: AIM report on

    http://www.aimresources.com.au/pdfs/broker_report_20nov06.pdf

    The analyst here says that with zinc at say $3,900US a tonne, smelter costs are around US575 a tonne.

    Using this as a guide, smelting costs would represent 575/3900 = 15% approx of revenue.

    If INL revenue is 54.5mill at POZ @1.50, then in relation to the $30mill operating costs, smelting charges would be approx 8mill. Therefore it costs 22mill/12 = 1.8mill a month to run the Hellyer plant.

    Apologies if Ive mucked up the calc somewhere. Please review.
 
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