Yes correct at 1% were talking $360 p/t.So that's:$15 p/t...

Yes correct at 1% were talking $360 p/t.

So that's:

$15 p/t fee 

+mining costs p/t?

+transport to mill/from mill etc p/t?

+milling costs p/t?

+gov royalties/taxes

+administration

+recovery grades?

++++ how ever many more associated costs etc etc

Then factor in the j/v partner gets 50%......

I'm sure someone can do the math?

So many unknowns.

Not saying it wont be profitable but I'm with a few others here (surprise surprise) in thinking that anyone saying this is going to be bagging 5 - 10 times on open is border line delusional. So many baseless numbers being thrown about.