?mining =
(Capex/lb + Opex/lb) - market price/lb = + or -
(where + = Y & - = N)
(Except where ?mining= Y in any case.... as we need the stuff whatever the cost)
Am I oversimplifying or demystifying.
As to grades I've not known a mine yet that didn't mix the various grades through its operation at different times.. aka getting the good stuff first to pay off some debt and putting throught the lower grades when prices are up.
all a mugs view.... please I'm an amatuer at this don't take me seriously.
?mining =(Capex/lb + Opex/lb) - market price/lb = + or - (where...
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Mkt cap ! $17.69M | |||
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