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Duluth Metals Ltd DULMF



GREY:DULMF - Post by User

Comment by elberbankon Feb 26, 2014 10:09pm
252 Views
Post# 22256881

RE:Resource

RE:Resource
My take: From the NR; Maturi Deposit, I will use the measured Mineral Resource CU% cut off 0.4. I will also discount todays metal prices by 15%. I will follow the Recovery Concentrate and Payable % as found on page 7. Last I will use the cost found on page 6. Cost to produce = $5.675 B Value of Pt = $0.394 B Value of Pd = $0.768 B Value of Au = $0.230 B Value of Ni = $3.861B Value of Ci = $6.607B All said and done +$6.185B What will it cost to build and what % of the resource will need to be left behind as pillars and floors? If you lose 30% of the resource (floors and pillars) you will have ~ $4.330 to build the mine. The rest goes towards royalties taxes and profit. Divide profit by mine life for profit per year. Now take the profit per year and multiply .35 That is what DM get a year. Take that number and divide by OS shares and multiply by say....6 and that could be your share price if this get built today.....lol Just saying. Play with your own numbers.
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