A40 losing since 5 years, TAW now in their spiral!, page-71

@johnwightman

There is so much discussions about mining costs which I agree are important.
We all knew from explorations results about higher than expected waste compare to PLS and AJM. The next quarterly will show this.

However looking at the longer term (12/24 months), are you able to shed some figures what impact the borrowing expenses will have on the bottom line?

How many tons of lithium must be be sold just to pay interest on $125M loan @15% p/a?

A40 is going thru hard times atm due to merger, strip ratio expenses and delays in shipping to Burwill but IMO we are now in much better position regardless what market value us today.