Is it time for Care and Maintenance?, page-59

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Remembering that George Bauk's call back in May of approximately 30  35 dollars Australian per kg.
Sometimes things have a funny way of disappearing but if you listen from the 25:45 min mark to validate the above 30  35$


Now it will be interesting to see if NTU do end up exporting any product as to what price per kg they actually report.
It confuses me when I see a carbonate price, albeit 42-45% (not the 52% that NTU are claiming that they will produce) selling for $4.37-$4.77 AUD per Kg (below link), and George says approximately  $30-$35 AUD Kg, and I'm guessing that there maybe some taxes involved somewhere down the line.

http://www.cre.net/Encre/Prices_show.asp?id=197

But then again NTU have been extremely quiet in regards to WTF is going on out there in the Tanami desert.  I can only assume that from the projected quarterly staff costs of $557,000 they must not have many personal on site, or they are getting paid very minimal
$557,000 / 90 days = $6,188 per day
$6,188 / guessing 20 workers = $309 a day
Assuming a 10 hour day worked that would be approx $31 an hour to cover labor, superannuation, work cover premiums, flights, food, annual leave, long service leave, severance and the list goes on.
Maybe that's why they are still advertising for fitters on seek, but then again the fitters job are in the $150,000 range.  Just more here that doesn't add up imo.

I am looking forward to the day of clarity, but I find it hard to see a happy ending for those who have bought into the Georges Tanami Desert Dream.




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