CEN RUM

re: Ann: Exploration Update Ammaroo Phosphate... Another big...

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  1. Eagles
    1,129 Posts.
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    25/10/13
    13:59
    Post #: 12486917
    re: Ann: Exploration Update Ammaroo Phosphate... Another big difference is that Rum is much closer to railway. So there overall capital expenditure will be much less to ship it.

    Rum's cost of production will also be much less due to their resource being at a very shallow depth. This will obviously give a better profit margin.
    RUM Price at posting: 16.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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