BIG 0.00% $2.22 burrendong minerals limited

amayapampa npv anyone?, page-62

  1. 1,218 Posts.
    Ok, I missed your little note at the top.

    For the xrate I did a quick calc based on the 80cents in the dollar the aud currently is:

    At $920usd oz/0,80 gave me $1150 oz.

    Yes, going the other way: 1150/1.2 gives $960

    The 1.3 is from the Report I referred to last night page 4 if I recall.

    Whatever it is I think it's a safe working figure atm anyway.

    Re stip...I think you can cover most of it...keep in mind that the project is on top of a hill, so the earlier strip ratios may not be significantly higher than those further down the pit

    The big thing to keep in mind, in addition to a robust project as seen in that spreadsheet (imo), This project will open the door for RAU in Bolivia, there may be excellent other projects that can enter the stream..

    cheers
 
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