Nice,
How isn't this price sensitive.
- 4yr initial mine life.
- Life of mine revenue A$330M. Not sure if this is reduced revenue to reflect the US$22M construction costs.
- Life of mine operating cost A$165M.
- Life of mine profit A165M
- AAU profit at 50% - $82.5M or $20M/yr.
Even if we had to factor down profits to account for recouping the construction costs, thats still a tidy little earner with scope to extend LOM.
now if only the share price would increase.
Ann: Pit Inventory for Nueva Sabana Mine, page-2
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