Plough,
Corrections humbly accepted.......by my/your corrected calculations........
tin is around US $22k a tonne
Sno2 (cassiterite) is around 70% the value of tin ie around US$15.00 a kg (A$15.67)
The ore is around 450gms a lmc = .45KG a lmc lets say the
At 100m3/hour:
so .45kg * 15.67 = $7.00 in revenue
$7 less 3.34 in costs =$3.66 cash
$3.66 * 220 tonnes hour = $805.00 an hour
$805 * 250 hours a month = A$200K a month net profit.
At 250m3/hour:
so .45kg * 15.67 = $7.00 in revenue
$7 less 3.34 in costs =$3.66 cash (one would expect costs to drop with volume)
$3.66 * 500 tonnes hour = $1830.00 an hour
$1830 * 250 hours a month = A$460K a month net profit.
$2.4-5.5 million revenue from a company that started with only $3million still sounds like a fair play to me. From little things, big things grow.
P
- Forums
- ASX - By Stock
- tasmania releases out....
KML
kangaroo metals limited
Plough,Corrections humbly accepted.......by my/your corrected...
-
- There are more pages in this discussion • 13 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