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Fabled Silver Gold Corp T.FCO


Primary Symbol: V.FCO.H Alternate Symbol(s):  FBSGF

Fabled Silver Gold Corp. is a Canada-based company. The Company is focused on identifying new opportunities.


TSXV:FCO.H - Post by User

Comment by elduckyon May 19, 2017 4:03pm
164 Views
Post# 26266219

RE:RE:PEA

RE:RE:PEA4.94 is the net of cobalt after accounting for proceeds of other metals.

The total cost per pound of cobalt is $13.25.

Copper in Copper Sulfate:34,911,000 x $4 = $139,640,000
Magnesium Sulfate: 220,000 tons x $250/ton = $550,000,000
Gold: 38,070,000 Copper concentrate (gold/copper): 61,120,000

Total credits = $293,910,000
Cobalt production = 35,356,000 pounds
Credit/pound = $8.31
$13.25 - $8.31 = $4.94

I can't fully match their gold numbers, but the impact is only a few million $, and I might not have all the info needed.
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