KCN 5.04% $1.46 kingsgate consolidated limited.

Ann: The Chatree Gold Mine is OPEN, page-167

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    Okydokey, it's Friday afternoon Math's homework time ! grab your 10 yr old daughters out from in-front of the TV....rolleyes.png

    Here we go:

    1: 155 kg of Dore = 5,467 ounces.

    2: Assumption is 21% Gold & 70% Silver & 9% (JJJ Caesars brain/testicles matter wink.png )

    3: = 1,148 Ounces of Gold & 3,826 Ounces of Silver.

    Current Aussie Gold & Silver prices:

    GOLD: $2,975.00 x 1,148 ounces = Gross proceeds $ 3,415,300

    SILVER: $34.65 x 3,826 ounces = Gross proceeds $ 132,570.90
    -------------------------------------------
    $ 3,547,870.90 GROSS TOTAL
    ------------------------------------------

    * nobody knows what the cost's are running through Stockpiled ore, but considering there are zero mining costs that have already been expensed 7 years ago, then we can assume it's not a lot...

    * If it's around $2 million free cash after costs for 1 week, then $8 million for the month, then the total cost to refurbish Plant #2 is recovered in 2 months! WOW eek.png

    WOWEEE

    WOWEEEEEEEEEEEEEEEEE

    Ross the Boss OAM OMG WOWEEEEEEEEEEcool.pngsmile.pngsneaky.pngwink.png

    HE WHO LAUGHS LAST LAUGHS LOUDEST! sneaky.png

    https://hotcopper.com.au/data/attachments/5149/5149788-cfe4a725288aedd8cde9f5a599574c6a.jpg


 
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