Cline Mining Corporation T.CMK

RE: RE: RE: Not for the faint of heart

[Tinyhopes]

Hello willbrrr.  The specific item you appear to be referring to is as follows: 
 

Mine Economics as outlined by the technical report is compelling. Assuming a 20 year mine life, at $168 dollar per ton of metallurgical coal, the project has a Net Present Value of $1 billion

If I remember correctly from the feasability report, this figure is based on the plan to mine 3 million tonnes per year for the 20 years, which equals 60 million tonnes.  With an estimated 350 million tonnes at the site, the $1 billion figure seems fairly conservative to me... Please correct me if I'm wrong

SUBJECT

RECOMMENDATION

Hello willbrrr.  The specific item you appear to be referring to is as follows: 
 

Mine Economics as outlined by the technical report is compelling. Assuming a 20 year mine life, at $168 dollar per ton of metallurgical coal, the project has a Net Present Value of $1 billion

If I remember correctly from the feasability report, this figure is based on the plan to mine 3 million tonnes per year for the 20 years, which equals 60 million tonnes.  With an estimated 350 million tonnes at the site, the $1 billion figure seems fairly conservative to me... Please correct me if I'm wrong

too bad wecan delet all of junk JMHO