RNX 0.00% 0.9¢ renegade exploration limited

Ann: Mining Study Update - Yukon Base Metal Proje, page-43

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    re: Ann: Mining Study Update - Yukon Base Met... I am trying to do some basic calculations from the report,

    I am a bit confused on where they list the 'per lb payable' costs and then the cost per tonne.

    Now I am not sure what definition of a tonne they are using? They expand the per lb cost by about 100 pounds to get that result?

    Has anyone else given this a go?

    Even with the operating profit of $0.16c a pound (kitco's current spot price is $0.86) there is still some serious profit to be made on a 13MT operation?
 
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