re: Ann: Black Range Selects Development Appr... AnthonymccI was...

re: Ann: Black Range Selects Development Appr...
Anthonymcc

I was going to hold my tongue until I returned from the Opera House . . . . . but as I can see you are a bit frustrated.

OPEX of $30 per lb includes the cost of having our own mill.

As we are going to use a third party for off site milling, reduce the Opex by $8 per lb ( page 3 Table 2 )

$30 - $8 = $22lb

Is transport and off site milling going to cost $8 lb or more?

I very much doubt it!!!!! Try OPEX of $26lb IMO

In the upcoming PEA (PFS) a lot more inferred will be converted to M & I, thus making the project even more economical.

Please refer to post " 8012478 " for my thoughts on price movement.



SwissB