If the fuel (+ oxidizer) ends up costing as much as 1% of the cost of launching a conventional single-use rocket then the people behind it will be very happy. That means that their rocket (+ cost of ground facilities + all the people prepping the rocket and monitoring the launch) is very cheap.
The fuel (+ oxidizer) is basically free compared to all the other costs.
The fuel (+ oxidizer) is basically free compared to all the other costs.