FHS 0.00% 0.5¢ freehill mining limited.

From the geo report P35 Cost of Production Operating costs are...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 8 Posts.
    From the geo report P35
    Cost of Production
    Operating costs are largely Fixed costs, and at a rate of 5,000t/month, Site and Admin costs are claimed by the Company to total US$25/tonne. Under the CMP contract, payment is made according to a formula incorporating freight cost to China, current 62% fines price, a port handling charge if used, bonuses for higher grade and penalties for impurities including moisture. This equated to a received price of US$31 when the quoted 62% fines iron ore price was US$45.

    Increase Production
    Permitting restrictions of 5,000 tonnes per month has delayed the expansion of the current plant, however a Chilean Permitting consultant that has been engaged by Freehill Investments has provided advice as to the steps that need to be undertaken to increase the permit restrictions to first 10,000 tonnes and then 100,000 tonnes per month
    The submission could be prepared in a 90 day period at a cost of US$140,000, and a further 12 to 18 months is generally required for the expanded operating Licence to be granted
    Last edited by Belgrano: 14/02/17
 
watchlist Created with Sketch. Add FHS (ASX) to my watchlist
(20min delay)
Last
0.5¢
Change
0.000(0.00%)
Mkt cap ! $15.39M
Open High Low Value Volume
0.5¢ 0.5¢ 0.5¢ $10.35K 2.070M

Buyers (Bids)

No. Vol. Price($)
11 3772048 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 1011006 3
View Market Depth
Last trade - 12.07pm 25/11/2024 (20 minute delay) ?
FHS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.