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20.0% 0.4¢ athena resources limited

Ann: Byro 5M tpa Plant Prefeasibility Study , page-9

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  1. ddzx
    37,911 Posts.
    lightbulb Created with Sketch. 828
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    12/10/11
    23:02
    Post #: 9133364
    definitely no nickel, atm, because drilling was finished months ago...must keep looking

    transportation costs will be high at least $6 per kilometre to truck it, even more (see my ZNC threads)

    98t truck for 500km round journey = $31 per tonne

    at $9 per km = $41 per tonne for trucking

    opex announced today seemed like it was only for processing ["The operating cost of the process plant is $8.46 per tonne milled"]

    so there is still mining costs; waste costs, transport costs, etc
    AHN Price at posting: 8.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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