Just a quick look at Nqungaju.Lower end of forecast is 180kt at 6% concentrate and we just got equivalent $6,200usd so.......
180,000t x $6000 =$1bln less 100ml processing =900,000,000!
If they get to top of range(200kt)its $1 bln.
The above figures are on the here and now spot prices so dont account for any increase in price.
Ive said it before but how lucky were we to pick up Altura at such a great price.
Good News & Bad News, page-9947
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