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30/01/15
16:19
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footnote 2 (on page 1) indicates total cost $149.50 per tonne.
There is a big error on page 4 where they've left the figure out. "an all-in sustaining cost of ....." - they left the figure out before the brackets.
Will be revised next week I guess.
I make it to be $2.2M annual coming in. 1500 tonnes was only from 3 weeks in December. 500 tonnes a week * $90 *50 weeks = 2.2M -ish.
Plenty of companies out there making this sort of money, with market cap based on PE of 5 or 10. Plenty of upside imo.