AUQ 3.13% 3.3¢ alara resources limited

Ann: First copper shipment date set. Block 8 licence renewed., page-49

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  1. RSD
    4,270 Posts.
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    OK have found out where the 22% came from - Page 1 of that Project Update that I linked to a moment ago has the following table -
    https://hotcopper.com.au/data/attachments/6187/6187246-db6d8560022dfe9d7f36ab80206cd481.jpg
    - Divide the "Total tonnes copper metal production" (79,297) by the 10.3 year mine life gives an average per year of 7698.7 tons of actual copper (in the concentrate)
    - For simplicity round that to 7,700 tons of actual copper per year
    - 7,700 tons is exactly 22% of the 35,000 tons given as the annual concentrate production - so that gives us an annual copper in concentrate percentage of 22%

 
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