RE: RE: Operating costs are 148$ / MTU! I get $186/MTU
Note: 1 MTU = 1 tonne APT
Spent 10 minutes crunching some numbers and comparing to Glanville Valuation report. Here are my findings on OPEX/Tonne APT produced:
Feasibility:
1,200,000 TPA Ore
400,000 TPA MTU Produced
3 tonnes ore/MTU
Opex of $62/tonne ore = $186/MTU
Not bad.
Glanville Report
Note: Also based on 1,200,000 TPA Ore, assume 400,000 TPA MTU produced.
Mining Opex of $44/tonne ore + APT plant conversion Opex of $6.70/tonne ore* = $50.70
Opex of $50.70/tonne ore = $151.30/MTU
*Glanville disclosed costs of $20/MTU produced which works out to $6.70 tonne/ore assuming: (400,000 TPA APT/1,200,000 TPA ore * $20)