also they have cut costs by $150mio/pa these cost cut benefits will start to kick in from 1st sept this year,they were aiming at $100mio in cost cuts but it looks like it will be $150mio they are using less acid now as well with the new plant, also as i stated before sulphur last trade at $590/t and falling as buyers are holding off and not bidding as they feel price is to fall there have been no more buyers at $590/t so price seems it will fall further soon.mre will come out of this a much more efficient lower cost producer when sulphur falls back lower.
- Forums
- ASX - By Stock
- the funny thing is
also they have cut costs by $150mio/pa these cost cut benefits...
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MRE (ASX) to my watchlist
(20min delay)
|
|||||
Last
87.0¢ |
Change
0.000(0.00%) |
Mkt cap ! n/a |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
The Watchlist
EL8
ELEVATE URANIUM LTD
Murray Hill, MD & CEO
Murray Hill
MD & CEO
SPONSORED BY The Market Online