MCO
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0.00% 11.0¢ morning star gold n.l.

is this over the top?, page-2

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    982 Posts.
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    16/09/11
    09:04
    Post #: 8967916
    My back-of-the-envelope benchmark calculation is this.

    10 tonne/hr
    20 grams/tonne
    12 hr/day
    5 days/week
    52 weeks/year

    delivers

    roughly 20,000 troy ounces per year. (Actually 19,409 oz)

    Sure, 52 weeks is not reality. Just benchmarking.

    Varying the first 3 inputs leads you to multiples of the 20K annual output.

    So that puts MCO in the junior league for starters. That's fine with me ... crawl ... walk ... run.





    MCO Price at posting: 29.0¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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