7.Third party treatment of ore ? page 20 of the QMN presentation announced to the market on 4 July states: ?Resource delineation and met test work to inform negotiations for third party for treatment of copper ore; similar scenario and pricing to Exco arrangements ? receiving A$19-$20/tonne ore delivered?
36.4Mt x $20 per tonne = $728 million
This means potential revenue of $72.8 million per year for the next ten years
As always, do your own research.
Good luck punters
QMN Price at posting:
5.4¢ Sentiment: Buy Disclosure: Held