$CNB PFS projected the processing of 30,300 ounces of gold over a 13 month mine life with negligible capital costs of only $355,000. $25.6 M in pre-tax net cash flows at A$2,450/oz. At today's price of A$2,820/0z that pre tax cash flow no. is over $28-29M. Upshot of all this - Hurry the faaark up & start mining. Correct me if i'm wrong
Ann: Sale of Tick Hill Tailings Stockpiles for $6M, page-125
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