Ann: Bass achieves first concentrate sales from Record Production, page-25

I'm not sure that your calculations make much sense given that the amounts of each grade that ave been sold are unidentified. The USD1700 FOB price was for the +50 mesh size only. BSM did not indicate how much of +50 Mesh was sold.

Similarly, there was not indication of the prices for the other grades quoted as being shipped.

This announcement was very useful in terms of letting SH know that sales had indeed actually started (a good thing) and an indicative price of one of the grades sold (also good, but an indication of the prices of all grades would have been better) but no indication of the break down of the 100 tonnes in terms of grade sold is disappointing.

Tonnage waiting to be sipped at the port warehouse is very good. Running the plant above name plate is also very good.

Without knowing the missing pieces of information, speculation around the amount of revenue is actualy generated just that, pure speculation.

All in all, however, a positive announcement.