Going back to the start of the thread....Norm says,
"This is a small very high grade pod and is virtually drilled out already. I expect it will be mined and trucked because of grade but will not be a stand alone project in my humble opinion. Norm"
My question: What are probable costs per lb if it is mined and trucked?
Could we be looking at say $50/$100 a ton costs, with each ton yielding 8/10 lbs of u plus gold credits of 3/5 grams?
How many tons are likely to be trucked.....300k.....500k?
Just 300k tonnes with a profit of $100 (which seems conservative) would be equal to the current M/Cap of the company.
I am only guessing, but heard that BMN's ore was costed at around $40 a pound which is break-even only, however BMN only has about 1/2 a pound per ton from memory and this ore is up to 20 times richer.
Informed comment welcome.....
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