RE:Pine Cove Mill is Closer to HammerDown than Nugget PondThey might save $5m in transport costs, but how much will they have to pay SGNL for use of their mill? Assuming the processing costs of the 2 mills are broadly similar there's not much point SGNL making less than $5m in margin for use of their mill. Then Maritime have got to maintain their own mill plus pay local taxes etc etc. Do the maths: there is no point in Maritime using PC in lieu of HD because it would be cost neutral at best. The argument only stacks up if PC can process at significantly lower cost than HD.