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Hi guys,Great news today from the DSO study for a cost estimate...

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    Hi guys,

    Great news today from the DSO study for a cost estimate of less then $7 million VMS will earn $170 Million !!!

    This will put this company in an extraordinary position to develop their flagship tin/tungsten project.

    Now the mining license and we can open the champagne.

    Good luck to all.

    jojo




    Net revenue (LOM) A$170m
    ? Capital cost estimate less than A$7m
    ? NPV10 A$123m
    ? Average operating cost per tonne (FOB) A$58
    ? Average operating margin per tonne: A$47
    ? Multiple off-take MOU’s already signed
    ? TasRail MOU signed for total ore transport solution (mine gate to ship)
    ? Production target of 1 million tonnes of DSO per annum commencing early 2013
 
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