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0.00% $3.86 western areas limited

robust scoping study supports open pit mine, page-23

  1. juggernauts
    646 Posts.
    lightbulb Created with Sketch. 26
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    19/05/08
    21:06
    Post #: 3736219
    Can someone help me with the numbers from the latest ann, I cant see where Im going wrong. Let use the nickel price of $12 per lb example.

    (12 - 1.5(Cash Costs)) X 2205 lb/tonne X 8000 tonnes per annum
    = $185mil US
    = $206mil AU based on E/R of 0.9

    this compared to the $A380 mil from the ann
    WSA Price at posting: 0.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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