Who stated 80K pa ready for export in regards to Silica- I cannot find it. Anyway 1.68 x 2222.2 = per ton = $3733 x 80000 = $298,640,000 . Seems a bit unbelievable to me but maybe Silica is something we have all overlooked. I have never added a price for Silica and classed it as an expense, wishing they would concentrate in becoming world leaders in slag reprocessing.
Sounds my above numbers are very wrong- or silica pricing is incorrect. Anyone confirm this the price of 80,000t of Silica + if 80K Silica if a factual estimate. I never looked into it.
If the numbers are correct now I know why they did not bail on the project like they did with the Gold project. They must manage their time very carefully. Or better still hire some more top guns in the US IMO. A couple been hired yet I agree with a previous poster who stated more quality Managers needed to help Ben. As they are no longer a Minnow- probable ASX300 by years end as they state.
Cheers Jay
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