Novadx Ventures Corp NDXFF

estimated from 43-101- costs vs revenue

[Hawkdog]

For Rosa, now add on new mine.

2010 2011 2012 2013 2014

Tons Mined 144,520 177,444 177,444 95,653 -

Tons Sold 109,835 134,857 134,857 72,697 -

Price 139 $ 139 $ 139 $ 139 $ 139

Gross Revenue $ 15,228,081 $ 18,745,171 $ 18,745,171 $ 10,104,819

Cash Receipts $ 13,375,109 $ 18,745,171 $ 18,745,171 $ 11,957,790

Royalties Paid $ 1,491,022 $ 2,900,690 $ 2,539,971 $ 1,466,767

Net Cash Receipts $ 11,884,088 $ 15,844,481 $ 16,205,200 $ 10,491,023 

Total Production Costs $ 7,239,246 $ 6,638,188 $ 6,666,898 $ 4,459,117

Cash Costs per Ton $ 65.91 $ 49.22 $ 49.44 $ 61.34