Cost of US$95 per tonne? I read the study but didn't see that, but I could be wrong. Can you share your source of that number? Using VRM's life of mine FOB nominal cost of A$4.358B (page 12 under operating costs) I estimate a Darwin FOB average cost in today's dollars of US$69.10 per tonne using a twenty-year average cpi of 2.8% and today's AUD/USD exchange rate. I'm guessing that may even be a bit on the conservative side. Then ex Darwin freight costs to our potential customers will be significantly less the OCP. Could someone set me straight if I'm wrong? Thanks.
VRM Price at posting:
2.5¢ Sentiment: Buy Disclosure: Held