CRE crescent gold limited
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GuysI spoke to Crescent regarding what there projection wason...

  1. cainy
    407 Posts.
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    03/09/09
    14:16
    Post #: 5593134
    Guys

    I spoke to Crescent regarding what there projection was
    on tonnes mined for the year.Figures below

    2,000,000t per annum @1.8grams per tonne = 3.6 million grams divided by 33 = 109,090 ounces per annum.

    Now 109,090 ounces x $1200 ounce AUD = $131million

    Costs will be high having both contract earthmover
    & haulage, would anyone know what percentage of the
    $131,000,000 would be taken in costs.

    Cainy
    CRE Price at posting: 13.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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