CSE 0.00% 7.5¢ copper strike limited

Crassius here is a break down of my figuresUsing $AU1700pt lead...

  1. 13,252 Posts.
    Crassius here is a break down of my figures

    Using $AU1700pt lead zinc
    16AU 0z silver
    And 8000AU pt copper
    12500 tonne zinc 22 mil
    5,000 tonne of lead 8.5 mil
    500,000 of silver 8 mil
    5000 tonne of copper 40 mil =79.5 mil

    These figures are at a discount to todays prices as all brokers take 15% of metal prices when looking at returns

    This would be as per today commodity prices off bloomberg converted into AU

    zinc $au 1994pt 25 mil
    lead 1873au pt 8.9 mil
    copper 8676pt 43.5 mil
    silver 17.66 au poz 9.4 mil
    so projected revenue at todays prices AU 87.3 mil for the first 2 years then doubling after 2nd 500,000 tpa mill to come on line. So in reality
    the projected mine costs dome in pfs where 80 mil for a 1mtpa mill so even with increased costs for .5 mt mill I don't see costs above 55 to 60 mil and I like how cse have based there type of mining op on Kangara which are very profitable low cost operations. to me this all adds up to profitable times ahead I have done a mine capex for operations based on Kangara type of ops and see profit of about 40 to 45 cents a share and this was done on commodities being a lot lower than they are now so am pretty happy with cse but a lot of punters can't or don't work out there own capex or costs so hope this helps someone.


 
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