SMM somerset minerals limited

tmr mustv read my post, page-9

  1. 487 Posts.
    Hmm... after reading Cadreelil's post in the other thread I have realised I could have saved myself a lot of explanation. 1957 tpd at 73.6% at 1.08% grades is where the 40.76M came from, which is then subtracted from 88.01M to achieve 47.25. Therefore, I have misunderstood it completely and most of my musings are inaccurate and inapplicable.

    I therefore have no idea what EBIT will then be from these forecasts.

    Sorry about that, will try and think before I post.
 
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