Hey Bitzer, Ashwill heres a linkon BCN
what's of interest is the comparability regarding finance to production.
"Previous studies, based on a 500,000 tonne per annum plant, pointed to a $40 million price tag a total which included the refurbishment cost.
Doing the numbers, based on that rate plus an estimated $300/oz cash cost and a $1,200/oz gold price the $900/oz margin returns a healthy annual $63 million cash flow.
So, you would be looking at paying off your capital within six to nine months, and then everything after that would be profit, Harris said."
It wouldn't surprise if more detail comes out on how EXM will get to production when the Cube report is release come March/April btw.
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