Crassius here is a break down of my figures
Using $AU1700pt lead zinc
16AU 0z silver
And 8000AU pt copper
12500 tonne zinc 22 mil
5,000 tonne of lead 8.5 mil
500,000 of silver 8 mil
5000 tonne of copper 40 mil =79.5 mil
These figures are at a discount to todays prices as all brokers take 15% of metal prices when looking at returns
This would be as per today commodity prices off bloomberg converted into AU
zinc $au 1994pt 25 mil
lead 1873au pt 8.9 mil
copper 8676pt 43.5 mil
silver 17.66 au poz 9.4 mil
so projected revenue at todays prices AU 87.3 mil for the first 2 years then doubling after 2nd 500,000 tpa mill to come on line. So in reality
the projected mine costs dome in pfs where 80 mil for a 1mtpa mill so even with increased costs for .5 mt mill I don't see costs above 55 to 60 mil and I like how cse have based there type of mining op on Kangara which are very profitable low cost operations. to me this all adds up to profitable times ahead I have done a mine capex for operations based on Kangara type of ops and see profit of about 40 to 45 cents a share and this was done on commodities being a lot lower than they are now so am pretty happy with cse but a lot of punters can't or don't work out there own capex or costs so hope this helps someone.
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