Plough,Corrections humbly accepted.......by my/your corrected...

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