CRB carbine resources limited

gold price x 554000oz

  1. 933 Posts.
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    554000 oz at current US is 1270oz / .93 =756.5aus mill - . 33000 ton copper Current copper price 6721US ton/.93 = 7226aus =238mill. Total 994mill. 756mill-387mill(recovery gold cost of 700) leaves 369mill. Don't know recovery cost of copper. MC of CRB is 4 mill ATM. What's that - 90x MC with gold alone? Just a roughie I know. Just finished night shift.
    I worked it out on maximum expenditure and the low range of inferred resource. Looks pretty good. Great to get some news.
    Good luck all
 
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