I find this article explains it best:
http://mininghive.com/news/1466/laneway-resources-to
-----------------------------------------------------------------------------------------------------------
The revenue split will apply above a 4g/t head grade.
So essentially, 4g/t is opex and capex,
Opex/Capex: 200,000 tonnes @ 4 g/t = 28,219oz @ AUD1685/oz = $47,549,015
Assumption: POG currently AUD1685/oz
Capex + OPEX + Revenue: 200,000 tonnes @ 9.8 g/t (recovered) = 69,136oz @ AUD1685/oz = $116,494,160
Therefore - Total revenue (split between LNY and EOPL) = $68,945,145
Etheridge (EOPL) revenue split
- 80,000t @ 5.8g/t (9.8 - 4) = 16,367oz – 300oz = 16,067oz x 40% = 6,426oz + 300oz = 6,726oz @ AUD1685/oz = $11,333,310
- 120,000t @ 5.8g/t = 24,550oz x 30% = 7,365oz @ AUD1685/oz = $12,410,025
EOPL total $23,743,335
LNY revenue split
- 80,000t @ 5.8g/t (9.8 - 4) = 16,367oz – 300oz = 16,067oz x 60% = 9,640 oz @ AUD1685/oz = $16,243,400
- 120,000t @ 5.8g/t = 24,550 oz x 70% = 17,186oz @ AUD1685/oz = $28,958,410
LNY total $45,201,810
Mill grinding capacity = 200,000tpa (soon to be 550k tpa - see below)
----------------------------------------------------------------------------------------------------------
Points to consider:
- 3rd party processing options - the Georgetown Mill is currently being taken off Care and Maintenance - minor upgrades and repairs are being competed with a plan to recommission it in the coming months.
- Mine planning is complete
- Etheridge has further advised Laneway that, in addition to bringing the Georgetown Plant back into production at its full 200,000 tpa capacity, it has acquired a further 350,000 tpa milling capacity through its purchase of the Collingwood hard rock tin plant near Cooktown. The Collingwood circuit includes a modern 1992 Marcy ball mill, which combined with the existing Georgetown milling capacity provides the potential to boost mid-term gold production from Agate Creek by significantly lowering the cut-off grade for ore that could be economically processed through the plant. (17 Feb 2016)
*******Terms for a gold and silver refining and sales agreement for up to 100,000 ozs of gold production have been agreed with Australia’s second biggest precious metals refiner, Focus Metals. (17 Feb 2016).
- Forums
- ASX - By Stock
- SVG
- 2018....I'm pumped !
2018....I'm pumped !, page-5
-
- There are more pages in this discussion • 179 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SVG (ASX) to my watchlist
|
|||||
Last
2.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.027M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | 2.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.9¢ | 19500 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | 0.022 |
1 | 23571 | 0.021 |
1 | 99320 | 0.020 |
1 | 10500 | 0.019 |
2 | 200 | 0.015 |
Price($) | Vol. | No. |
---|---|---|
0.029 | 19500 | 1 |
0.034 | 49438 | 1 |
0.039 | 13751 | 1 |
0.040 | 165307 | 3 |
0.045 | 100000 | 1 |
Last trade - 16.12pm 29/07/2024 (20 minute delay) ? |
Featured News
SVG (ASX) Chart |
Day chart unavailable