re: Ann: Mines Money Hong Kong Presentation -... Stockanalyst1
Thank you for the clarification - I can see where the milling operating costs of $8000/t (33% TREO)concentrate come from.
The same table states a cost $32/t of ore which when extended for 750000 tpa of ore gives an annual cost of milling of $24000000.
When using operating costs of $8000/t (33% TREO) this gives an annual cost of milling of 3750tpa / .330 t * $8000 = $90909088 say $90m.
Can you please enlighten all of us again on why there is a difference?
Ann: Mines Money Hong Kong Presentation - 20 Marc, page-9
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