Hi Mike
In today's ann regarding the newly discovered ore at "Mawson Lode", page 2 refers to "The Renison operation" expecting production of approx 8,000t of tin metal in the current financial year at a cash operating cost of $10,350/t.
My understanding would be that the total tonnage of expected production would be 8,000t and not 16,000t. Therefore, any profit calculations would need to consider the 50% ownership of the other party (who I agree with you bought in for a song) from ?March this year.
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