Guys, refer page 41 of AGM presentation @ US 90C$lb INL forecasts and EBITDA of $9.5M.....= cash costs @ todays prices of $A66c approx... to break even on a cash basis = US 50C $lb approx
Rising prices = rising costs ( just ask any mining co)...as prices fall over time so will the input costs - supply & demand
for a comparison :
CBH recent sulpher springs feasibilty cash costs average LOM (7 years) US 33C$lb (A$44c) and that is after copper credits (refer ann dated 31/1)
for discussion.
cheers
is inl dependent on high zn prices, page-10
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