KMC 0.00% 0.6¢ kalgoorlie mining company ltd

Ann: Placement , page-12

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  1. 30,107 Posts.
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    one thing that the report suggests, is that it is costing heaps, to toll treat the ore - and that maybe the company can save heaps, by crushing the ore themselves.

    it may, or may not be relevant - but sxg have just released some pre feasibility numbers for their proposed mill. the cash costs are about $35 per ton - but then an extra $20 should be added, to cover the initial establishment cost - and if they were toll treating, then they would probably want a profit, and charge maybe $70 or $80 per ton.

    kmc are very silent about the cost of toll treating the ore - but if the ore is only 3 g/t, then it could cost about (up to) $800 per oz - just for the milling.

    the market is correct on this stock -it is all a bit iffy
 
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Currently unlisted public company.

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