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17:29
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Originally posted by HiDiHi:
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First of all the grade of concentrate they are targetting to feed into the hydromet plant is about half of what is customary for feed into smelters, so that would need an additional discount. You simply can't compare concentrate to concentrate, as this is a different flowsheet that is simply not amendable to comparison. The BSX project key feature is use of a hydromet plant, and vertical integration, if you were to compare it to a traditional concentrate to smelter operation you would have a different flow sheet, capex and cost.
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"Secondly, they don't have an AISC of $3.50/lb, refer to page 10 of the SS. "
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