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Bullboard - Stock Discussion Forum Woulfe Mining Corp WFEMF

Woulfe Mining Corp is a mineral exploration company. It is engaged in the acquisition, exploration and development of mineral properties.

GREY:WFEMF - Post Discussion

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Post by Majormac79 on Apr 23, 2012 1:23pm

Cost

Its around 158$ per Mtu to produce with the numbers i see
Comment by junior_miner on Apr 23, 2012 1:44pm
Actually, I found stupid error in my model. I had played with some scenarios and forgot 18% escalator to opex, because of inflation from PEA numbers. I forgot to take it away when updated these new numbers in hurry. So, operating costs around $200/MTU with my old APT conversion cost assumptions. With the new one 4/t it would be 168/t. But then again it would affect the price they get from APT.
Comment by junior_miner on Apr 23, 2012 1:53pm
And with the correction i made, it appears they used ~370 APT price, depending whether reserves already had mining dilution factored in and number of other smaller things.
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