whats going on with volume, page-7

Hi pg76, getting interesting.

Worked out a couple of figures,

200,000 p.a at 4% head grade = 8000 tons of metal.
With a recovery of 90% = 7200 tons of metal
7200 x $8000 a ton = 56,600,000 bucks

Production costs of $1.50 per pound = $3300 per ton

3300 x 8000 = $26,400,000

So around 30 mill p.a. If the 200,000 tpa happens.

Not bad I guess, could pay for itself in 1 year.. Gives u some cash to drill more holes else where.