not too shabby eh!, page-13

  1. 3,558 Posts.
    lightbulb Created with Sketch. 13
    Scorpion wrote:

    "Mining and Processing costs: = $17.50 per tonne

    Number of tons: = 30 mt * 1.24% = 372,000 tonne of Copper

    Costs 1: Mining and Processing @ $17.50 per tonne = $6,510,000"


    I think your calcs are wrong.

    Mining & processing costs per tonne of $17.50 are per tonne of ore, not per tonne of copper. The costs per tonne should therefore be multiplied by 30.9mt and not by 372,000 of copper equ.

    This gives mining & processing costs of $541m and not $6.5m as state above.

    Just slightly out by $534.5m...
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.