Reply to AUS post #: 73533684So lots of mumble jumble about...

Reply to AUS post #: 73533684

So lots of mumble jumble about future profits offsetting the deprecation but not a word where I am wrong. Except the personal insults with no fact behind them. Is my number wrong? No it is not Is this going to be a major hit to profits in the next couple of years? Yes it is.
I never said that KAL would not pay for itself. What I said is the depreciation will kill short term profit. You use $80 for sell price again with no labels so I will assume in is AU$ What KAL ships is unseparated REE alkaline that still need to be separated is 80 a conservative number yes for pure NDPR not what they ship. If you had solid argument you would not need to resort to things like

"Lol CCJ, your incessant negativity makes you as blind as a bat."

as an opening line. So why don't you try again to explain why AU$ 50M a year will not be a major hit to profits over the next couple of years. I have refuted many of your statements recently with verifiable numbers You have not responded once. I do wonder if this will be first. Probably not, because your argument just do not work with real numbers.