TBA 0.00% 2.6¢ tombola gold ltd

Mentalist123, page-2

  1. 498 Posts.
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    yes probably right on the finance. close enough now to gold production could easily forward sell some. rather them do that then do another raise .

    I agree with your numbers, other then fact that that mining is now sunk cost , and unfortunately processing is going to cost $2-3m per month regardless of what throughout. these days there isn't much variable cost . so if they only put through 30,000 per month, that's 66-$100 per tonne. if they run full capacity at 60,000 tpm that's $33-$50 per tonne. But if they process at 60k they will run out of ore in a few months. this is why I'm still confused what GAM does for us. why didn't we just get Lorena up and going which is more aligned to the amount of ore we have.
 
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