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2.04% 5.0¢ nex metals exploration limited

Ann: Commencement of Mining , page-25

  1. Tango151
    940 Posts.
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    13/01/12
    02:36
    Post #: 9544230
    ok.. these figures are from 2009. I am not sure what they are today.

    Few things i gotta make sure if its right...

    the capex would be 1.5m per tonne? so total capex is 27.6m?

    The laterites are at a grade of 0.45g/t....
    Recovery best case scenario 64%.

    Mining and treatment costs would have at least increased by 15-25% today due to inflation and wage increases.
    NME Price at posting: 8.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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