IBG 0.00% 0.4¢ ironbark zinc ltd

Ironbark Zinc Website - http://ironbark.gl/ Click on Feasibility...

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    Ironbark Zinc Website - http://ironbark.gl/

    Click on Feasibility Study tab

    Page 151 of 156 - Cost per tonne of marine grade oil (MGO) fuel is US$753.

    Page 142 of 156 - 11.OPERATING COST ESTIMATE follow your nose and read.

    Marine grade oil (MGO) fuel is US$531.64 as of 23.01.17 –

    http://www.bunkerindex.com/prices/bixfree.php?priceindex_id=4

    Oil contributes to about 8c per lb operating cost and now that it is 30% cheaper we’ll make an extra 2.5c lb. I have been conservative on my 8c lb operating cost, could be as high as 12-15c lb...it all makes IBG's story more compelling.


    DYOR and keep going up Zinc J

    Zinc Futures - (MZNc1)
    2,796.25 +39.25 +1.42%
    17:54:57 GMT - Closed. Currency in USD


    https://www.investing.com/commodities/zinc?cid=956470
    Last edited by djr67: 24/01/17
 
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