LCY 0.00% 1.7¢ legacy iron ore limited

Ann: Gold Mining at Mount Celia Commences, page-8

  1. 33,658 Posts.
    lightbulb Created with Sketch. 1786
    Yes 1.4 gram a tonne Au probably at 90% recovery leaves $120 in receipts per tonne
    Trucking to Paddington guessing $30.00 a tonne (say 120kms at $0.25 a km)
    Processing guessing $30.00 a tonne
    royalty guessing 6% of sales = $7.00
    What is the mining cost per tonne ?
    What is left over ?
 
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