TSXV:TVC.H - Post by User
Post by
nickbillfishon Jun 26, 2021 12:24pm
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Post# 33456144
Three Valley competitive on cash cost, buyout candidate
Three Valley competitive on cash cost, buyout candidate Once the Papomono block caving project is complete, the average cost of production for MTV is projected at $1.65/lb. This is competitive with the larger miners in Chile being Freeport McMoRan, Teck Resources and Codelco the National mining company. This info from their latest financials of their cash cost per pound.
Freeport McMoRan- $1.94/lb
Teck Resources - $1.73lb
MTV/SRHI - $1.65/lb
Codeleco -$1.34/lb
If MTV can achieve $1.65/lb, should be a good buyout candidate from the likes of Freeport McMoRan or Teck.