Snapshot
This project has 10 yrs mine life.
$100 mining cost
$110 median phosphate price long term.
$80 million capital
10% to 20% margin long term.
At this price the capital payback might be 2 yrs but at $120 ton the payback will be five years.
Technically they might have enough money to pay for the project with no meat left over.
Its a good gamble and an alternative to the poker machines.
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SnapshotThis project has 10 yrs mine life. $100 mining cost$110...
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Open | High | Low | Value | Volume |
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2 | 155000 | 0.038 |
1 | 6000 | 0.037 |
3 | 727805 | 0.036 |
2 | 1200088 | 0.030 |
Price($) | Vol. | No. |
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0.043 | 150000 | 1 |
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