KMN 4.00% 12.0¢ kings minerals nl

am i missing something

  1. 37 Posts.
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    can somebody check to see if my facts are correct based on 10/09/2008 kalman resource update and market prices of commodities which have not been confirmed copper 194700 tonnes @ 6000 per tonne = $1,168,200,000 moly 30400 tonne = 60800000 pounds approx $35per pound = 2,128,000,000 .Gold 294900 oz @ say 750per oz 221,175,000 rhenium 66465kg @ approx$1500 99,698,571 total all resources$ 3,925,343,571 divided by total minable tonnes 60,800,000, == $64.56 per tonne .Wastage would reduce this figure. Cost of production of most mines should be between $15 - $30 per tonne (not confirmed) profit still massive
 
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