Dude you are not factoring in the grade specified which was only 3% therefore you need to multiply the total $ by this. 2500t of dirt. Where are you getting 124kt from? Also did you not watch any of the videos posted by CD? There was 1 road train which would carry avg 75/80t a load. So I worked this out to be around 30-35 trips. Say $5k a trip is $150k based on 2500t. I think the split will be a lot less than 60/40. I think more like ESR to receive 25/30% to arrive at $500k profit.
ESR Price at posting:
1.5¢ Sentiment: Hold Disclosure: Held
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