A rough estimate
The average wage in Malawi is $800 PA (1)
Therefore 10.7/12 X $800 = $713
I don't know how many people work at the Kayelekera Mine, But, for each 1000 employees a redundancy package would equal $713,000.
I reckon wages is not the major factor in running a unprofitable mine.
(1) (https://www.cia.gov/library/publications/the-world-factbook/geos/mi.html)
pdn, page-17
Add PDN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$7.29 |
Change
-0.050(0.68%) |
Mkt cap ! $2.180B | |||
| Open | High | Low | Value | Volume |
| $7.45 | $7.47 | $7.14 | $32.63M | 4.489M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9130 | $7.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.30 | 7340 | 3 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| PDN (ASX) Chart |