PINL:OROCF - Post by User
Post by
junior_mineron Jun 02, 2016 3:29pm
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Post# 24928313
Recent gains have been justified
Recent gains have been justifiedRead the newest presentation.
* They can sell 14% of production at much higher prices as it's technical grade. I don't think this has been factored in before, and who knows if they can increase the percentage as process mature. * Average price for next Q is now anticipated to be $10000/t up from $7500/t. Costs now at $3500/t and going down.
*Production will be double 2018.
*Still cheap compared to other producers