SMM somerset minerals limited

tmr mustv read my post, page-3

  1. 487 Posts.
    Hmm... read some more and would like to retract previous post due to this:

    Improvement by the "end of 2008"
    �� Punitaqui reached the 3000tpd operating rate in Q2 2008 – grades at 1.2% Cu
    �� At a head grade of 1.4% Cu and 80% recoveries, 25.14m lb annualised production is expected
    �� At prices of US$3.50/lb this suggests US$47.25m additional revenue per annum
    �� Unit operating costs will reduce rapidly with greater volumes, grades and recoveries

    Should really read before posting hmmm...

    Also interesting to note that Lichkvaz has npv of 200M*, think I read something like that before. Couldn't find where asterisk indicated to.

    Okay, last post from me, I swear.
 
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