CDU 0.00% 23.5¢ cudeco limited

not too shabby eh!, page-68

  1. 15,776 Posts.
    Denial,

    The mining cost is $3.40 PER TONNE OF DIRT EXTRACTED.

    They need to shift 4 tonne of dirt to get 1 tonne of ore. That means its $13.60 per tonne of ore.

    Read the announcement carefully as it doesnt say that the mining is per tonne of ore.

    The $3.40 per tonne of dirt fits with the going rate at other open cuts.
 
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