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Mawson West Ltd Ord MWSWF

"Mawson West Ltd is an Australian-based copper producer, developer and explorer. It is engaged in the production of copper and silver concentrate production, mineral exploration and development in the Democratic Republic of the Congo."


GREY:MWSWF - Post by User

Comment by CQCmasteron Feb 11, 2015 3:45pm
121 Views
Post# 23419474

RE:RE:RE:RE:RE:RE:RE:RE:RE:So...

RE:RE:RE:RE:RE:RE:RE:RE:RE:So... There are obviously positives. The fact that MWE will stay in business is one thing. 

Kapulo mine:

• Current 6.3 year life of mine, with 86% of Mineral Reserves now in Proven category

• Target average 19,400tpa Cu production rate with life of mine C1 cash costs estimated at $1.92/lb.

• Kapulo plant commissioning underway and ramp-up expected to be completed in Q1 2015 (April)

• 2015 target: 15,000 – 18,000t Cu with C1 costs expected to range between $2.00-$2.40/lb Cu produced



So going back to the "Offtake Agreement"... How much money does MWE get and how much does it go into Trafigura's pockets?
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