"Average selling price $20.58/lb
C1 cash cost of production$34.55/lb"
Not good!
"There will be a farm out over a five year period whereby the EDF Claimants will transfer a 5% participating interest in the Michelin Project to Paladin on an annual basis in return for Paladin funding all obligations for the Michelin Project over this period."
Anyone know what and how much their obligations are?
Speaking of closing down LH etc how much per/lb is the sustaining costs for care and maintenance?
Ann: Quarterly Activities Report for Period Ending 30 June 2018, page-4
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