AEV 25.0% 0.5¢ avenira limited

the perfect storm, page-2

  1. 1,517 Posts.
    Bagek

    couldnt agree more.
    Also MAKs mining costs have come back significantly
    since oil was at 147 USD and AUD .98
    Based on fuel is 1/3 of opex at 43 USD and AUD .64
    there has been a 54% drop in AUD oil price which translates
    into a 22.50/T drop in OPEX from AUD 125/T to
    103/T which is 67 USD/T.So with RP at 100 USD/T
    MAK is making plenty but at 300/T its sensational.
 
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