CTM 4.29% 36.5¢ centaurus metals limited

Correct you are, though those prices seemed over inflated when...

  1. 664 Posts.
    Correct you are, though those prices seemed over inflated when converted:

    So yeah $1B gets you $0.55 AU at current exchange rate (and $0.61 AU with the exchange rate CTM have used)

    So figures come out to:
    Consolidated: $75/t
    Domestic: $64/t
    Export: $99/t

    Interesting that their export $/t is less than the spot rate for 62% Fe

    I'm still quite happy with CTMs PFS, and a 66% Fe product should fetch more $$

    Another thing I might have to look into is whether MMX have set contracted prices in place, as I think I read 65% of their production had a future off take agreement of sorts, there might be heading involved.

    Still a great outcome for CTM with such low costs going in.
 
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