BIG burrendong minerals limited - withdrawn

CB,"Working on a grade of 0.3% (3kg of WO3 per ton) We multiply...

Currently unlisted. Proposed listing date: WITHDRAWN
  1. 3,815 Posts.
    CB,

    "Working on a grade of 0.3% (3kg of WO3 per ton) We multiply 670000 by 3 = 201000 kg of WO3
    Divide this by 10 to give a rough MTU = 201000mtu
    On a value of approx $250 per mtu = $50,250,000

    How long would that take to process? Not too long I suggust - can anyone tell me?"

    The above is what I was getting at. Carbine produced 1million MTU over the 15 years it was operational.

    That's on average 67k MTU per year. So from the above calc, it would take RAU 4 years to get $50,250,000 revenue.

    Your question above in bold is key ...imo
 
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