You posted: "Thanks for thosse one-sided calculations. Now can you tell us what it would cost to mine including capital outlay and what the net cash-flow would be?
Could you also tell us exactly what percentage of mount carbine RAU own?"
My COMMENT
Can't you work that out????
Cost to mine? Just a few comments - that's all they can be.
AT 0.3% WO3 on todays prices that is worth about $75.00 per ton of ore.
Gold @ 700aud ounce is worth just over $20 per gram. So the WO3 is about 2.2gpt gold equivalent. Slightly less @ 800 oz
Do some research on companies mining gold on 1-3 gpt grades.
I gather tungsten is possibly cheaper to extract too though not sure.
I'll let you work out capital outlay. Keep in mind, I worked on 0.3% What if it's higher?
Watershed are working on less than that - go compare their grades, capital outlay etc.
How much do RAU own of Mt C?. NONE. What the heck do you think they have done DD for? What the *** do you think they are putting an offer in for????
Are your questions genuine or just plain...ignorant?
Cheers
cb25
BIG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
