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Surprise in store, page-8

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teddie

4,017 Posts.

1664

24/11/20

16:25

Post #: 49107710
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Originally posted by Chaser01: ↑

I have had a look at the Company’s Yarrabubba opportunity and given they are promoting this as being “Low Entry Project” I thought I would spend the time to run the numbers below.

Items to Consider:
If they have to grind to 32um - the cost for capex and opex of milling will go way up - typically an exponential energy curve. My estimate is for a 75um grind.
Very difficult to ship a material at 32 micron material realistically.
In addition to high mining costs in a very tight pit, the long haul adds significantly mining costs - 21KM by the look of things.
First few years would be expected to have much lower mass recovery - oxidised ore in LIMS, not considered in model.
Would have to transport waste across Gazetted road as they have no place to put it on the site – not in model. This means huge costs transporting material from haul truck to quads and back to haul trucks – just not even practical.
Model is most sensitive to Strip Ratio and mass recovery.
Operating cost around $175/t – this is probably very conservative considering I didn’t add many of the other costs identified here because I don’t even have a comparison to try to estimate it.
Concentrate is not likely to fetch more than $130.

We need some luck with this as it seems a long shot.

All IMO
DYOR

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Chaser like a previous attempt of yours your estimates are laughable.. Rather than make my guesses, a mate of mine is a client of Bridge Street Capital and has access to their research report from their very experienced mining analyst...The report is extensive and the numbers very compelling....I believe the report will become public post settlement of the CR and understand would go on the TMT web-site shortly thereafter...Let's have an informed discussion then

TMT Price at posting: 42.5¢ Sentiment: Buy Disclosure: Held
10 Upvote

0 Great analysis

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