RE: don''''t understand (John)Firstly: the $2.7 million was a typo, either on my calculator (the monthly numbers were not part of my spread sheet) or when I typed that message. I didn't recheck the number when you questioned it because I saw that the formula you were using contained an error.
But if I'm not mistake you are using a formula still that needs changing to account for the facts.
It should read like this:
(500 x 2204.6 x 0.025($12.00 x 0.67 - $5))91.7%
But your expression contains the following term:
[$12.00 - $5.00] x .66
This implies that of the $5 it costs to produce a pound of nickel 1/3 is paid for by the purchaser, which is not the case. The $5 should be subtracted from the 2/3, as shown above.
So, having included monthly cash flow now, my spread sheet spits out the following numbers:
(Trumpet Fanfare)
@ 2.5% and 91.7% recovery and the following LME $/lb, Liberty has the following revenues.
Gross/day Gross/month
$168,117 $5,043,500 @ $10/lb
$184,928 $5,547,850 @ $11/lb
$201,740 $6,052,200
$218,552 $6,556,550
$235,363 $7,060,900
$252,175 $7,565,250
$268,987 $8,069,600
$285,798 $8,573,950
$302,610 $9,078,300
$319,422 $9,582,650 @ $19/lb
$336,233 $10,087,000 @ $20/lb
Same parameters from $10 - $20
net/day net/month
$42,029 $1,260,875
$58,841 $1,765,225
$75,653 $2,269,575
$92,464 $2,773,925
$109,276 $3,278,275
$126,088 $3,782,625
$142,899 $4,286,975
$159,711 $4,791,325
$176,523 $5,295,675
$193,334 $5,800,025
$210,146 $6,304,375