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0.00% 1.4¢ legacy iron ore limited

Ann: Gold Mining at Mount Celia Commences, page-8

  1. plough
    33,556 Posts.
    lightbulb Created with Sketch. 1753
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    07/11/23
    15:19
    Post #: 70768963
    Yes 1.4 gram a tonne Au probably at 90% recovery leaves $120 in receipts per tonne
    Trucking to Paddington guessing $30.00 a tonne (say 120kms at $0.25 a km)
    Processing guessing $30.00 a tonne
    royalty guessing 6% of sales = $7.00
    What is the mining cost per tonne ?
    What is left over ?
    LCY Price at posting: 1.8¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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