GREY:DULMF - Post by User
Comment by
shootforthemoonon May 28, 2013 10:56am
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Post# 21449809
RE: RE: RE: RE: Updated Presentation
RE: RE: RE: RE: Updated Presentation The original mine structure/milling would have provided for a negative cash cost, however I believe they may be looking at using another method (teck one) as it would result in a lower capex to begin with and I think there may be some other benefits with it.
Under this method, the cash cost wouldn't be negative, it would be around 10 cents. I am not sure if Nickel has been labeled as a by-product or co-product when coming with the cash cost. I believe 40% of the value of the mine is copper and 40% is Nickel depending on what values you use. If it is co-product it means the PGMs are what are bringing us down to the 10 cent level and the nickel is actually almost doubling our revenue.