AHK 0.00% 25.5¢ ark mines limited

Thanks, so the $30 per tonne is included in the ASIC costs you...

  1. 159 Posts.
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    Thanks, so the $30 per tonne is included in the ASIC costs you mean?

    In reviewing a few docs I couldn't find reference to the 6 months (9-11 million), only that Mt porter will produce 26koz over a year.

    And from their annual report it outlined the entire $6million debt facility will be needed to get the mine up and running and into positive cash flow.

    In regards to the toll agreement, I was going off the annual report released a few weeks ago, so whether the new 55/45 split is going to change remains to be seen. Assuming it isn't then shareholders need to factor that nearly half the gold sale profit will go to Newmarket, those with the mill.
 
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