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For all those assuming the BON/UCL JV is at a much lower...

  1. redcorduroy
    743 Posts.
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    24/04/09
    22:58
    Post #: 5052091
    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.
    AEV Price at posting: 47.7¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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