AZC
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0.00% 2.7¢ australian zircon nl

Ann: Ore Reserves Statement , page-2

  1. davidgatkins
    16 Posts.
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    29/07/13
    13:11
    Post #: 12123584
    Back of envelope calculation

    Capital cost around $530M (doesn't include current debt which will probably reach $100m or so before startup)

    Revenue $220M - $250M @ 10MT per annum

    Operating cost $100m - $120m per annum not including financing

    Mine life 50 years

    Looks like it could be a starter to me.

    AZC Price at posting: 2.7¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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