Hello Everybody,
I was just thinking about all the negative comments. Some numbers run through my head, so please tell me if my numbers make no sense.
So we have a really high grade mine, if they use the concentrator, I understood that they can easily get a 100 g/t out of the mine.
here are some of my calculations:
5000t / year
5000*100=500000/31,5 =15 873 oz * 1100 nzd (1800 nzd-700 nzd( all in cost ))= 17 460 300 nzd
10000t / year
=34 920 600
20000t / year
=69 841 200
and this is profit, so I dont get what is bad about these numbers, they will have a lot more money than now and can expand more rapidly than before.
I am not calling myself any expert, but this makes sense to me.
Hello Everybody, I was just thinking about all the negative...
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