VRM 0.00% 0.0¢ verdant minerals ltd

Cost of US$95 per tonne? I read the study but didn't see that,...

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  1. 842 Posts.
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    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.
 
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