AEV 0.00% 0.9¢ avenira limited

successful arruwurra drilling results, page-24

  1. 3,851 Posts.
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    Looking at the contour map, the red contour line to me indicates a possible 6Mt there at shallow depth: there we have our first 3 years production at 2mtpa.

    Once again in case anyone has forgotten why they are interested in MAK:

    2mtpa x say $A300/t = $600,000,000 pa revenue.

    mining costs 2mtpa x say $A100/t = $200,000,000

    Earnings before tax, royalties etc = $400,000,000
 
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