RE: The Next NEVSUN... Hopefully. so, if 333 dollars per ton of mineral is the base of El Roble at 2.5 grs and 2.5% , 2 million MT of minerals yields 666 million of value of gross income of the base case. The 192 meters with higher grades at the bottom of the current mine should yield an additional million, and possibly another like amount in sales. this is before they work on the usually present four or five nuts present in most VMS type deposits that are probably within the reach of their property.
modelling a mine plan of five years at 1200 tons per day earlier for El Roble gave ground to value atico at more than 100millions... this addition below the present mine, yields a doubling of minerals justifying higher capex and a larger, 2000 tons per day for 8 years or more of mine plan. It is a possible, feasible mining venture for the Ganozas....who did just that in Peru with Silver Fortune, and hence a much higher value for the current shares.