GREY:ARGEF - Post by User
Comment by
stocksportson Apr 14, 2015 1:26pm
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Post# 23628085
RE:RE:EuroPacific Update...
RE:RE:EuroPacific Update...keep in mind that these numbers are from the external industry experts engaged by the debt and equity providers. Obviously these numbers have to be extremly conservative. Extrapolate these numbers with other TIO2 prices and you get a feeling what could be realistic and what not. Asumming these price levels of $2.900 - $3.200 per tonne some producers are pretty close to break-even and Argex is achieving high margins even in this scenario. That looks comfortable for me and doesn't mean that the sky is the limit. My view.