The cost is also vastly understated. The "cash cost" of $50 does not include port charges($12/t), shipping cost to China($10/t) and royalties($6/t), add those back in production cost is $78/wt, you should also add extra $7/t on top of that for admin/corporate expenses. Cash cost is a useless number that mining companies quote to confuse investors. I appreciate your effort in putting this data together.
The cost is also vastly understated. The "cash cost" of $50 does...
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