AEV 0.00% 1.2¢ avenira limited

News: AEV Avenira Receives Mining Authorisation For Direct Shipping Ore Operations, page-406

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    I'd reckon for DSO they might get around $180-200AUD/t. FOB Darwin. Likely hood of being able to dig, screen, truck/rail/load at a profit would be slim. But if Hebang wanted it for some purpose they could probably mine it around break even as the small starter pit is approved. If CXM can't turn a profit, AEV would most likely be in the same basket. Phosphate prices look to have stabilized and could well hold around these levels of the next 5-10years. But then it is all up to OCP and if they are still loosing market share at current prices.
 
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