RE: Ivenoidea23 Jun 2025 20:20
Rotter one of the questions I wanted answered but didn't get answered was the break down of the opex cost.
The reason for this is because I believe that actual opex, excluding transport costs will be tiny. So the cost of continuing to produce and stock pile seems to make sense.
I've been saying for months that the floor price commercial is exceptionally complex to agree, as it involves transfer charging by Hainan. So I'm not sure it's as simple as the government just don't want to give us the permit.
The biggest discussion point I think is depreciation of the current plant over its life. This is why I think it is taking so long to produce the resource upgrade. If, for instance we double the life of the current plant, we have the depreciation cost and we look way more profitable so the floor price can be higher potentially.
Its a very complex set of commercials, but the more we produce, the more we force the decision I think