timeframes in erection of mills, page-58

AuCN2,

Need a bit of clarificatiom

$15/t mining of ore
$20/t processing of ore

but $10/t for admin on...? 3,000,000 t ore or 34,000 t copper (using JORC %), or 135,000 t concentrate? Concentrate makes more sense as $1m for admin seems closer to the mark. Most people assume $40m p.a. to cover CDU for all the other drilling that needs to be done on site and admin will "disappear" anyway.

$120 rail to Tsv and $100/t to smelter etc clear enough.

Does your processing cost include power? Oil at $200/bbl won't be pretty.

Actually the mining and processing cost is spelled out by CDU in recent postings if you'd like to have a read. Note it is a low srtip mine, though I suspect people are underestimating the difficulty of NCu in mining in the same way that copper nuggets stuffing up RC drilling. The reason is NCu is malleable therefore deformable, therefore needed energy to pull up.

I definitely think this will be something CDU will want to know by day 2 after the ML is granted. And also, to get really bulk samples to surface as mined (not drilled) to give some heads up to Sino.