Post by
psych01 on Jun 25, 2018 10:42am
re--RE:RE:RE:RE:MTO AISC Calculation
Been talked abut ad nauseum; Bachelor, notwithstanding the new Sandstorm deal when if kicks in (under what circumstances we don't know post the MTO/BTR merger---but we can lean toward it staying the same as the original amendment)---does not have what are generally termed 'economies of scale' to be significantly profitable unless POG is $1400 plus. The Bachelor mill in plain english simply needs to expand capacity which is acknowledged forthright by the owners and which BTR is now acutely aware of and of course has been aware of before the merger. Therefore the most significant matter for investors to know about is: how much will the expansion cost and how will expansion costs be handled. The constand and predictable thing on these discussion boards is ---that the nasty realities of costs/financing are always deflected by so called pumpers who call we who demand to know the real costs, we're called bashers. We call ourselves realists. IMO