GREY:MWSWF - Post by User
Comment by
CQCmasteron Feb 11, 2015 3:45pm
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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?