OTCPK:AUMTF - Post by User
Comment by
whizkid1on Aug 07, 2012 1:51pm
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Post# 20190733
RE: RE: whizkid1
RE: RE: whizkid1 yeah i have seen $8/tonne (rock07 said that too). The kearl project's estimated amount of aggregates i think was around 3.5 million, not sure the costs for transportation or crushers but yeah total revenue is $24M ($8 per tonne X 3 million tonnes)
that's very profitable, i dont know how long it will take to deplete but, susan lake they sell like 6 million tonnes a year (or maybe it was 3, i can't keep it straight anymore haha - either way maybe they can sell the entire kearl deposit in 1 year that would basically double my forecasted 2012 YE EPS estimate) - $3 share price???
Also someone bought 50,000 shares now it's at 90 cents. dang....