OZL 0.00% $26.44 oz minerals limited

michelmore still persisting with century, page-29

  1. 5,867 Posts.
    Does not work as a straight correlation with the movement between US$ and A$.
    Just because the A$ has dropped 25% does not necessarily mean US$ costs have dropped 25%.

    Imported items such as flocculents would have effectively gone up being US$ based. Conversely depending on shipping contracts could have had a better than 25% drop in costs.

    Unfortunately the biggest individual cost item will be the Treatment Charges-they are in US$ from the likes of Nyrstar. They would therefore remain unchanged.

    Cheers,TAS
 
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