NIU
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0.00% 2.0¢ niuminco group limited

Australia's Next Tin Producer, page-127

  1. Beard_of_Zeus
    3,968 Posts.
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    25/11/16
    09:30
    Post #: 20878280
    But then I thought to myself....sometimes you just have to dream big.

    Average grade for June was 22.3 g/t.

    60 tpd x 22.3g = 1338g = 47.19 oz.

    $1183USD/oz x 47.19 = $55,825 USD possible in a single day (maybe as a best, best case scenario).

    84 days in a quarter ~$4.7m USD / ~ $6.3m AUD.  How long would NIU be at an $8.25m MC?
    NIU Price at posting: 0.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch.  Great analysis
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