SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Caussa Capital (formerly Antares) T.CAU

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Donald F. DeKold who wrote (2098)1/4/1998 9:39:00 PM
From: ossie  Read Replies (2) of 4718
 
Some further info re the EV situation.

I've been told that numbers ANZ has run show a production cost of only $50 per ton so if you factor that in to the equation you can see why they are taking a close look!!!!

Also been told that the IRR on this venture is out of this world if they can get it up and running-somewhere between 50-75% after tax depending on how much market share they can capture in Europe,Since Serbia now has most favoured status in the EEC,they should be able to undercut the Turks who do not.

This could be a great opportunity.Also,I'm given to undrestand thet ANZ believes that the project is separately financeable and if so would obviously be a great source of cash flow to ANZ to finance their exploration ventures.

I think that perhaps the best course of action is to keep our powder dry and see what develops this coming week.

Could be fun,Ossie
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext