It was actually $81 per tonne production plus royalties. Furthermore that cost of production was based on equity finance (no debt). Therefore conclusion is that the Bundi coal project will never get up, not in mine or your lifetime.
These guys will try and make hay while the sun shines. I expect a rights issue in coming months.
price target 60 cent, page-10
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Last
4.7¢ |
Change
0.001(2.17%) |
Mkt cap ! $279.1M | |||
| Open | High | Low | Value | Volume |
| 4.7¢ | 4.8¢ | 4.6¢ | $522.7K | 11.18M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 3640922 | 4.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.8¢ | 2972414 | 9 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| MMI (ASX) Chart |