Post by
deiwel on Jul 01, 2022 7:34pm
a little calculation
from snowden report
only for flotation we have 12.5 dollars / costs / per tonne
if we have 1 gramm a tonne , price from one gramm 58.2 dollars for pour gold
so i think +- 40 dollars if it comes from flotation
so 40-12.5 = 27.5 dollar a gramm
1 ounce = 28.34 gramms
20000 ounces * 28.34 gramms = 566800 gramms * 27.5 dollars = 15.587.000 millions net dollars
Comment by
nozzpack on Jul 02, 2022 5:21am
Thank you for extracting these financial metrics from Snowdens 2019 Floatation only option of the Sulphide FS. Your calculations confirm the profitability of the project. The FR Research Report states the After Tax NPV10 of the Floatation production project to be $62.5 million US, more than twice the $27.5 million US estimated for the Floatation and Biox project in Snowden. tks