RDM 9.26% 14.8¢ red metal limited

Very good analysis again BPP. So in your costs for RDM you are...

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    Very good analysis again BPP. So in your costs for RDM you are using 25 kg /t sulphuric acid? Hmmm
    . So at 40 kg/t the cost goes up by $4 /t but an increase of about 10% in RE of only about $3:30/t. Would only benefit if price was above US$100/t.
    It just shows how difficult it is to make money at current prices for any company.
    I think at 15 mtpa , quite likely given the simplicity of the whole process, it will get over the 40% IRR at US$91/kg.
 
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