GREY:FTPLF - Post by User
Post by
cashcrunchon Nov 05, 2012 12:05pm
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Post# 20563148
THURSO- Low cost producer ??
THURSO- Low cost producer ?? Its 10 min before conference call....For me, Landquart is NOT the issue... The future of FTP is Thurso & LSQ. I've been hearing for a year the main advantage of THurso (compared to other DP mills) is that it would be a low cost producer...Chad previously quoted such DP costs would be anywhere from $648/mt to $725/mt. If THurso is currently losing $$$, is it fair to assume that @ current DP sell price < $1000 , that Thurso's DP costs are > $1000 ? Hopefully, CC will shed some light on this.
Also, it looks like floor price of previously negotiated contracts will be reduced in Q4 . (future revenue shortfalls).