What to look forward toAs we all know, the grade was low cause it was basically crap that needed cleaning up. Remember we're just getting started.
This IMO is what we have to look forward to:
1500t/day 45000t/30days
1.277g/ton
@ 90% recovery = 1.1493g/ton
45000 x 1.1493g = 51,718.5 grams/30 days (1,662.97 oz/30 days)
@ $1150/oz gross = $1,912,415.50
operating cost = $415,743.57 @ $250/oz
profit = $1,496,671.93 /30 days
1500t/day 45000t/30 days
1.668g/ton
@ 90% recovery = 1.5012g/ton
45000 x 1.5012g = 67,554 grams/30 days (2,172.15 oz/30 days)
@ $1150/oz gross = $2,497,977.50
operating cost = $543,037.50 @ $250/oz
profit = $1,954,940.00 /30 days
And within 6 months we'll see 5000t/day
5000t/day 150,000t/30 days
1.668g/ton
@ 90% recovery = 1.5012g/ton
150,000 x 1.5012g = 225,180g/30 days (7,240.5 oz/30 days)
@ $1150/oz gross = $8,326,575.00
operating cost = $1,810,128.62 @ $250/oz
profit = $6,516,446.38 /30 days
$78.2 mil/year
ShockEm