OTCPK:KATFF - Post by User
Comment by
Sogosohubidu201on Jun 14, 2019 11:50am
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Post# 29826410
RE:RE:RE:RE:RE:Copper and Cobalt - KAT
RE:RE:RE:RE:RE:Copper and Cobalt - KAT@patels, yes, that is right. Q1 2019 C1 cash cost was high because no cobalt sale. The completion of cobalt project, Ion Exchnage Plant, acid plant, the last part of hydro project by the end of this year should contribute to big savings, particularly the acid plant (650k-690k tonnes of acid are required plus the shipping costs), My long term C1 cash cost without cobalt credits are slightly higher than yours. What is your estimate of free cashflow breakeven in terms of revenue?