costs $450/t sells at $1000/t mines 80kt /year, page-27

krapcoll Anything I have missed, miss reported or mis-interpreted anything??

Realised concentrate price is around $650 tonne (@ AUD/USD$0.80)

There is only about 45kt of known concentrate to mine.

Tonnes Mined 1,159,010
Average Grade 0.037
HMC produced (tonnes) 42,252
Planned mining Apr-Nov 2010
Admin + Processing costs 5,657,000
Earthmoving Costs 4,910,000
Barge and Shipping Costs 3,567,000
Total Operating Costs 14,134,000
Revenue 27,869,625
Operating Cash Flow 13,735,625

Current MC $11m v $13m is not unusual.

Based upon this announcement http://www.asx.com.au/asxpdf/20091204/pdf/31mk2wtdvfmggp.pdf