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Oroco Resource Corp V.OCO

Alternate Symbol(s):  ORRCF

Oroco Resource Corp. is a Canadian mineral exploration company focused on the assembly of mineral concessions which make up the Santo Tomas porphyry copper project in Sinaloa State, Mexico. The Santo Tomas project is a copper porphyry deposit defined by 106 diamond drill and reverse circulation drill holes totaling approximately 30,000 m.


TSXV:OCO - Post by User

Bullboard Posts
Comment by Chobitson Sep 14, 2012 5:41am
246 Views
Post# 20361748

RE: RE: RE: details on Cerro Prieto

RE: RE: RE: details on Cerro Prieto

Check the p.176 where you have the cash flow model before tax (the cash flow model is based on 1000 usd gold price). 

Year 1 
Ounce Au produced: 35k
Cash cost: 234 usd/oz Au eq (silver included)

Year 2
Ounce Au produced: 36k
Cash cost: 301 usd/oz Au eq 

Year 3
Ounce Au produced: 22k
Cash cost: 699 usd/oz Au eq

Year 4
Ounce Au produced: 16k
Cash cost: 522/oz Au eq

Dont forget about the gold loan. Since the changed financiers I'm not really sure if the gold loan is the same as the old one. But the old gold loan was 21k over 3 years and also a option to buy 9k oz au for $1550 oz Au.

Bullboard Posts