PIO 10.0% 1.1¢ pioneer resources limited

Cost of mining about $30 a tonne based on recent costs and...

  1. w27
    1,326 Posts.
    lightbulb Created with Sketch. 210
    Cost of mining about $30 a tonne based on recent costs and likely yield.
    cost of crushing assuming to minus 75 mm - $10 a tonne.
    cost of transport to Esperience- $10 a tonne.
    Cost of shipping to China/Japan $30 a tonne assuming bulk shipping in approx 30,000 tonne lots.
    Cost FOB $80 a tonne.
    Value $100 to $300 a tonne.Then we have a considerable quantity of high rubidium microcline which is worth up to $1000 a tonne but may have to be shipped in containers, increasing the cost a bit. There is vey little capital required. It would be a contract operation as was the last campaign. Initially, I see PIO as a campaign miner.
 
watchlist Created with Sketch. Add PIO (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.