OTCPK:IVWFF - Post by User
Comment by
SergeGodinon Jun 01, 2013 10:45pm
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Post# 21472383
RE: Anyone know the expected cash cost per LB they
RE: Anyone know the expected cash cost per LB they Good question. I haven't seen this published anywhere recently.
Way back when they were shipping through Esperance it appeared to be around $0.30 per LB. Obviously a lot has changed since then... a lot of additional costs, exchange rate changes, PB price etc.
Not much more than a guess, but I would say that cash cost is around $0.70 /LB.
At PB price of $0.80 /LB this company is looking sick. At $1.00 it's starting to look healthy, and at $1.20 /LB or above it's starting to look like a $Billion company.
Serge