Just got of the the phone to the MD and this is how it worksThe...

Just got of the the phone to the MD and this is how it works

The Scheelite concentrate sells for $360 per mtu produces

220,000 mtu of scheelite concentrate a year at 360 per mtu

79,200,000

now we have to take away mining costs of $ 89 per mtu after Moly credits

And you are left with proft of $271 per mtu

220,000 x 271 = 60,162,000 profit per year

For naaman I spoke to him about the 2200tpa of concentrate and thats for the mine life, the concentrate will be shipped as concentrate and not refined at site.
Also DFS is on schedule and due soon last bits but would not give exact time. And talks for offtake will get serious after DFS apologize and hope it clears up