GREY:RNKLF - Post by User
Post by
factRbeston Feb 25, 2018 8:36pm
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Post# 27618534
TON per TON
TON per TONGOLD
3.5 g/ton gold
Value a ton @ $1350/oz
$166.37
Published cost to mine 1 ton
$97.00
NET GOLD VALUE OF A TON OF ROCK = $69.37
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NICKEL
4%/tonne
Value of a tonne @ $6.00/lb
$528.00
Published cost to mine 1 ton
$97.00
NET NICKEL VALUE OF A TON OF ROCK = $431.00
Assumed the amount of nickel ore if mined should equal the amount of gold ore currently mined.