I just realized looking back over the report, that there is another 10,600 tonnes of ore already mined still needing to be processed.
39,000 tonnes mined, 28,000 tonnes processed
So
6749 oz produced to end of August
1,700 poured in Sept so far
10,600 tonnes of ore to process x 9 g/t (mixed grade average) =
3076 (still being processed)
Total = 11525 oz
x $1550 Avg POG
= $17,863,750 cash flow
about $5.5m profit.
We estimated costs to be in the order of $13m this 1/4 due to start up expenditure outlined.
Normal 1/4 cost forecast per oz is $850
Plus what ever is mined and processed this week, will need to be added.
Cost normally would be about $3m lower for the same amount of oz. (bodes well for the next 1/4).
A normal full grade production 1/4 needs to produce about $10,500,000 profit, to be at forecast, or process 15,000 tonnes at a cost of approx $13,250,000.
Regards Mark H
- Forums
- ASX - By Stock
- Ann: Operational Update from the Old Pirate Gold Mine
I just realized looking back over the report, that there is...
-
- There are more pages in this discussion • 57 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PRX (ASX) to my watchlist
|
|||||
Last
0.3¢ |
Change
-0.001(16.7%) |
Mkt cap ! $5.294M |
Open | High | Low | Value | Volume |
0.2¢ | 0.3¢ | 0.2¢ | $720 | 340.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 7439364 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 14175152 | 17 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 7439364 | 0.002 |
9 | 97550498 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 14175152 | 17 |
0.004 | 3380859 | 6 |
0.005 | 889000 | 1 |
0.006 | 166666 | 1 |
0.016 | 4926376 | 1 |
Last trade - 14.22pm 22/08/2024 (20 minute delay) ? |
Featured News
PRX (ASX) Chart |
The Watchlist
SS1
SUN SILVER LIMITED
Gerard O'Donovan, Executive Director
Gerard O'Donovan
Executive Director
SPONSORED BY The Market Online