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Metanor Resources MEAOD

Metanor Resources Inc is engaged in the production and sale of gold as well as acquisition, exploration, and development of mining properties. It projects include the Moroy Project and Barry project among others.


OTCPK:MEAOD - Post by User

Bullboard Posts
Post by Margreton Feb 27, 2013 3:05pm
225 Views
Post# 21050448

Operating cost / Capital cost

Operating cost / Capital cost

BasherT, you still trying to convince people the operating cost is $1000 per tonne? Giving a list of capital costs and trying to insert it into the operating cost. As if a fleet of trucks need to be bought for every tonne they process. $1000 per tonne operating cost at 5 g/t is a $6000 per oz operating cost LOL.

For people who think the cash usage for 2013 will be the same as 2012: Most of their cash usage has been capital cost for 2011, 2012. For 2013, their capital cost should be much lower because they don't need to pay for the same equipment and infrastructure every year. The 43-101 report page 22-16 table shows the capital cost drops off a cliff for 2013. It won't be zero but if it only drops by a half in 2013, that would have a big positive impact on cash flow.

Bullboard Posts