-
Share
33,652 Posts.
1783
22/02/13
12:41
Share
From latest presentation
$2.69 a # cash ocst in in concentrate
$ 8.50 price reveived for Ni
Margin 8.50 a # - 2.69 = $5.80 a # approx
$5.80 a # = $12,842 a ton
$12842.00 * 13752 tons = $176 M
however a cashflow of only $48M reported
The NPAT is even worse at $6.5M
Ok maybe there is smelter charges but thats going to have to be less than $1.50 a #
Why the big veriation between margin and cashflow?
Is this really a low cashcost per # operation?
-