Piratexx tin is around US $22k a tonne
Sio2 (cassiterite) is around 70% the value of tin ie around $15.00 a kg
The ore is around 450gms a bmc = .45KG a bmc lets say the
so .45kg * 15 = $6.75 in revenue
$6.75 less 3.34 in costs =$3.41 cash
$3.41 * 150 tons hour = $512.00 an hour
$512 * 250 hours a month = $128K a month.
Per month thats The release states 100m3 or 220 tonnes an hour, improvements to 250m3 or 520 tonnes an hour.
I feel the 18K a month for concentrate you quote is far too high as the concetrate is SiO2 Dr Teale todl me to use a figure of 68% of the tin price for concentrate
- Forums
- ASX - By Stock
- KML
- tasmania releases out....
KML
kangaroo metals limited
tasmania releases out...., page-15
-
- There are more pages in this discussion • 14 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add KML (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
JBY
JAMES BAY MINERALS LIMITED
Andrew Dornan, Executive Director
Andrew Dornan
Executive Director
SPONSORED BY The Market Online