For all those assuming the BON/UCL JV is at a much lower opex/capex than MAK these are the numbers from MAKs announcement on April 16 which brenden was referring to:
MAK:
Opex US$100/t FOB
Capex US$70 million
BON/UCL:
Opex US$70-100/t FOB
Capex US$50-150 million
The BON/UCL numbers are a year further out from production, really there might not be all that much between the 2 projects. At worst the JV would be the same opex and double the capex.
ucl 9 for 1 bid, page-18
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