OLY 0.00% 4.0¢ olympio metals limited

potential multi baggers zircon player, page-6

  1. 1,469 Posts.
    Jiansen
    I'm not sure if you realise this but OLYs plan is not to be a reseller of concentrate.
    The Kalimantan plant will take the concentrate split it up into individual minerals, zircon rutile, gold etc and also remove the trash materials. From the numbers given in OLYs recent announcement, the trash and other non-recoverables amount to 26% of the original concentrate.
    OLY will know the exact price it pays for the concentrate (In fact it will in effect have a buyers monopoly.)It will also have a good idea of zircon etc prices and plant operating costs. Hence it will have readily worked out the plant's profitability.
    I think that OLY has no need to say more about the financials at this stage. Other companies at the same stage wouldnt reveal more
 
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