RE:RE:RE: Kelvin North Lobe ...............MrBigger - (12/17/2015 11:25:53 AM)
RE:RE: Kelvin North Lobe ............... More crappy stones, this is mounting evidence of epic failure.
Curious as to the definition of crappy?
If we assume that the carat value is as low as 50 bucks.
With a 3 c/ton grade that will give $150.00
We can use MPVs cost of production of 75 bucks
giving a net revenue of 75 dollar per ton of rock mined.
Considering that KDI is 100% owner of this on an MPV basis that is the same as 150 dollars net revenue.
If we use the lowest value rock of MPV, being hearn then we use 88 dollars a carat.
That now brings us to $264 per ton and a net rev of $189 per ton.
Relative to MPV on a % ownership that is the same as $378 net rev per ton.
Beating mining aggregate. Which basically is what diamond mining is with the addition of picking out the good bits.