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Banca I.F.I.S Spa BNCIF

Financial Services Banks - Global
Banca Ifis is an independent banking group specializing in the collection of trade receivables, non-performing loans, and tax receivables. The group's credit is exposed mostly to Italy and other European nations. Its trade receivables segment focuses on growing trade finance loans and providing liquidity to Italian small and medium-sized enterprises. Approximately one-third of its loan portfolio is from government and public administration, whereas two-thirds are from the private sector. The gro


GREY:BNCIF - Post by User

Banca I.F.I.S Spa > Cost per ton...estimate is dirt cheap!
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Comment by newsimon1707on Jun 21, 2017 4:38pm
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Post# 26389610

RE:Cost per ton...estimate is dirt cheap!

RE:Cost per ton...estimate is dirt cheap!
newsimon1707 wrote:
after I looked back at the IR presentation, I found an estimate of 10,000$ per day to run the mill... with 360 tpd process...

gives us 27$ per ton... 1 ton has 2000 pounds... so it's cheap to run the mill... the mill would generate 250,000$ per day at current price of cobalt, silver and nickel...

Now, you have to include the trucks that transport the material, the train that brings the highly concentrate material to a refinery, and the cost of the refinery...

But guys, wake up, this can be a cash printing machine!

I think they are getting rid of the idiots that are selling, and after that it's gonna go back up big time!

S

third and last part...
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