G6M 3.45% 2.8¢ group 6 metals limited

Stockcount, . Regarding your post about the SP. This is my first...

  1. 19 Posts.
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    Stockcount,

    . Regarding your post about the SP. This is my first post and I'm no expert but I think you may have mixed $US wth $A.
    . The $312 figure is the price for mtu in US dollars. The $126 is the quoted operating cost for open cut in $A.
    Also since the APT price is quoted for a higher grade of product, we need to apply a discount of 20% ( times by 0.8)

    In an interview recently, Jacobs worked on an operating cost of $100 US. So, 312 -100 = $212US x 0.8. =. $170 US @ current exchange rate 73 cents = $232 A/mtu. If I am right, you can upgrade your SP by about 20%. If I am wrong, please show me what I did. Always willing to learn.

    As for the rest of your calculations, I don't think I'm qualified to comment. Regards, CD.
 
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