these prices were in the 13/oct/11 announcement;
Revenue assumptions• Revenue
A$177/ tonne of ore mined and processed
• Cash operating margin A$98 / tonne
• Tonnes of ore mined & processed
1.4 million tonnes (Pit Phase 1)
• Tungsten grade (WO3)0.60%
• Tungsten price (APT)US$460/mtu – discounted by 23%
• Molybdenum grade (Mo)0.13%
• Molybdenum price US$15.00/lb – discounted by 12%
Anyone got the latest tungsten price?
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