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Andover Mining Corp. V.AOX

A precious and base metal exploration company


TSXV:AOX - Post by User

Comment by doscoon Jun 28, 2013 3:25am
131 Views
Post# 21578498

RE:AOX includes a hedge versus gold/silver

RE:AOX includes a hedge versus gold/silverI just playing and preparing in case the last news becomes true... as I did it for my BGM position and others... I own...


I only found an iron price but it depends on quality and concentration I ve no glue and no idea what the prices are/could be or will be for other products...


I case we will see (and who knows if in these commodities market) a production of any or all of the products mentioned in the nr,,, here is my fun excel...

I ll updated all in case we get info from AOX ... I ll need help in the board as I am not familar with these products.


AOX ??? ??? ??? ???
Product Tons / year Price costs Profit
Silica 24000 100 80 480000
IRON 24000 100 80 480000
LIMESTONE 24000 100 80 480000
         
        1440000
profit per share       0,0109091
         
         
tons a day / 20 days a month / 12 month a year
assuming 5 trucks a day with 20 tons per product
costs a ton for truck and digging and admin
shares max. dilluted 132 mio    
         



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