re: Ann: Mines Money Hong Kong Presentation -... Question for Stockanalysis
Ref NTU Presenatation p17 which states milling costs $32/t ore for 750000 tpa at .5%.
Does it follow that the total cost for milling is 750000 * $32 = $24000000 to produce a concentrate of 33% with a tonnage of .5/33*750000 = 11363t which means the cost /t of concentrate is $24m/11363 = $2112 compared with $8000 t used above?
Note DJC REport states Cost of production (Con) $25/kg ?
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