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Advanced Explorations Inc. ADEXF

Metals & Mining Industrial Metals & Minerals
"Advanced Explorations Inc is a development stage company. It is engaged in the acquisition, exploration and development of properties within the resource sector."


GREY:ADEXF - Post by User

Advanced Explorations Inc. > Black Iron
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Comment by rpdelucaon Nov 16, 2012 1:38pm
115 Views
Post# 20610838

RE: RE: RE: RE: RE: Black Iron

RE: RE: RE: RE: RE: Black Iron

I'm sorry expensive arctic diesel?  Can you please confirm what the OPEX was for the RB project (using Diesel of course).  OPEX for ADV will come in over $50...guaranteed..The low NPV has nothing to do with Arctic Diesel.  At the end of the day, the OPEX is $49 with Arctic Diesel.  The reason for the low NPV is the 15 year mine life at 5MTPY and the use of $104 for iron ore 66% concentrate (OH YEAH AND THAT'S FOB CHINA...REMEMBER SOMEONE ON THIS BOARD SAYING THAT THE $104 DID NOT INCLUDE SHIPMENT TO CHINA)....can someone remind me who stated that?

 

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