AGO 0.00% 4.5¢ atlas iron limited

er6n,I said previously I would not reply to your incorrect...

  1. 169 Posts.
    er6n,

    I said previously I would not reply to your incorrect posts.

    But I think someone needs to explain a very simple concept that you do not seem to understand.

    example...
    Mine development costs before production = $100m
    This would include workers camp, roads, initial stripping, electricity, trucks etc.

    Say Mine life = 5 years.

    So DA = $20 a year

    ***

    But you DO NOT have to spend DA of $20m a year as it is already spent!!!

    ***

    Do you understand now?

 
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