Bratty- i think you may be right? but it does seem a bit big
Actually i calculate average grade now is 0.142% based on last holes
but using your figures I get 50 mill tonnes times 0.13% =is 65,000 tons Co.
ps. (cobalt also hit anew high on LME last night of 78,500!!)- but still using yoiur figures I also get
65,000 tons x $75,000 per ton =4,875,000,000. USD!!
am I missing adding a zero here too? if not I may go buy some more CLA!!!
Can any of you other more brainboxy guys out there carry on this calc as in minning costs at2.50 a ton - processing costs at ?? 20$ a ton? payability at 50% - the numbers still seem huuuuge!!!
Binwood/Bobby K /danzas etc etc..??
Frankly, I do not really understand, page-50
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