PLV 0.00% 1.2¢ pluton resources limited

value stage 4 cockatoo, page-2

  1. 450 Posts.
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    I am beginning to wonder how profitable this stage 4 cockatoo project is going to be. Iron ore now down from $136 per ton to $110 per ton and the Au$ rising.

    1.2m tons @ $1.10 $132m
    Operation costs $53 per ton $ 63.60m
    Infra & capital ex. $ 35.00m
    Bond $ 20.00m
    Total cost $118.60m

    Profit $13.40m
    Thats a 10.15% gross profit
    less tax and royalties $ 4.40m
    net profit 6.81% $ 9.00m

    plus whatever stage 5 is worth and iron ore doesn't drop any further. $100 per ton is breakeven.
 
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