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781 Posts.
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16/03/17
15:24
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OK boys and girls, let's do the math
60 Tonnes per day output when the equipment is going (April)
At an average of 3.5 grams a tonne (as per previous results)
say 5 days a week x 4 weeks = 20 mining days a month (probably 24)
20 days x 60 tonnes = 1200 tonnes per month x 3.5 grams = 4200 grams a month
4200 grams x $51 AUD per gram = $214,500 a month
Minus operating costs etc etc.
And that's on a low value of 3.5 grams per tonne.
Shouldn't take long to get back in the black.
Last edited by
pittyh:
16/03/17
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