VEC 0.00% 1.2¢ vector resources limited

24x3.1=74

  1. 523 Posts.
    24,000 dmt at 3.1gmsAu/t =74000gms=74kgsAU
    so i looked up gold price /kg in aus$
    and blow me down its 45,000Aud$

    so 74x45=3330
    that means gold to be poured is worth 3.3million aus$ (minus 7%, due to 93%recovery rate)
    that certainly covers the loan plus interest.,
    certainly covers all costs to final pour!
    just not much profit.

    i look forward to the announcement of final gold pour
    and the continuance of phase one AND phaseII
    shouldnt there be an end of haulage statement and a completion of milling statement,
    and a pour statement.
 
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