BGS - Getting Ready for a Take-over, page-67

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7benson7

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31/03/18

00:30

Post #: 32147119
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Originally posted by jakers ↑

Under 300usd/t puts us in very good company. Pls and kdr have low 200/t estimated costs and they are essentially the best hard rock plays out there atm, most others are much higher. This is also taking into account tantalum offsets, otherwise we are getting pretty close to them.

Remember that this figure will drop further from:

Potentially better power options as per recent announcement, which are certainly available.
Economies of scale from a 4Mt plant in future (bear in mind that power makes up the majority of opex the higher you scale)
Train line development and infrastructure
Long term possibility of refinery
Gw has intimated that the new pit will be larger and shallower. Shallow means lower mining costs for LOM. Have to see strip ratio though in the new pit design.

Another possibility is to produce a higher grade product I.e taws recent production came in at 7%. Our product is pure enough to achieve this imo. Producing smaller quantities of a superior product could be the answer if Morgan Stanley's predicted price fall occurs.

Being less than 100USD difference in cost to the best in the spod market is excellent. All my opinion though. PFS will be needed to really drill the facts into the market's head I think.

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Only 50% more then... cool

Last edited by 7benson7: 31/03/18

BGS Price at posting: 45.0¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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BGS - Getting Ready for a Take-over, page-67

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