HAS 1.15% 43.0¢ hastings technology metals ltd

That's an interesting article... I read the whole article. I...

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    That's an interesting article... I read the whole article. I never look at their price assumption.

    http://seekingalpha.com/article/369...-yuans-ascent-continues-input-capital-crashes

    "At our basket price this yields revenues of $136 million per year. Operating costs, come in at ~A$205 (US$146/tonne) of ore. At 943,000 tonnes of ore processed per year this comes to a total opex of ~$138 million per year leaving operating cash-flow at ($2 million)."

    That is NEGATIVE $2m. This may not include plant depreciation and other additional costs.
 
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