GREY:SOHFD - Post by User
Comment by
shakeypremison Mar 17, 2018 9:29am
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Post# 27732972
RE:RE:RE:RE:Quick Video with Telson Mining President Ralph Shearing
RE:RE:RE:RE:Quick Video with Telson Mining President Ralph ShearingLooks like my own very rough calculations from some months back were somewhat accurate (although only based on Campo and not T);
Gold: $1300 Silver: $17 Copper: $3.20 Lead: $1.15 Zinc: $1.5
I have also included an 80% discount to the market value of the metals to hopefully account for AISC. Allowing for a huge discount to the market price should mean the figure I come up with should be below the figure for the gross profit Telson achieve for the Campo Morado mine per year.
Metal | Au g/t | Ag g/t | Cu (%) | Pb (%) | Zn (%) |
Grade | 1.84 | 137 | 0.82 | 0.95 | 4.56 |
g/t conversion | 1.84 | 137 | 8200 | 9500 | 45600 |
2500tpd (grams) | 4600 | 342500 | 20500000 | 23750000 | 114000000 |
2500tpd (oz,lbs) | 147.9099678 | 11013 | 45194.71 | 52359.73 | 251326.68 |
Recoveries (percentage) | 0.25 | 0.38 | 0.68 | 0.6 | 0.7 |
Recovered metal per day | 36.97749196 | 4184.9 | 30732.4 | 31415.84 | 175928.68 |
oz/lbs | 36 oz | 4180 oz | 30700 lb | 31400 lb | 175900 lb |
Values at current market price | 48070.73955 | 71143 | 98343.69 | 36128.21 | 263893.01 |
Total | 517578.7396 | | | | |
Total (80% discount) | 103515.7479 | | | | |
300 days operation per year (80% discount) | USD 31,054,724.37 | |
Even with a massive 80% discount to the market values of the recovered metals for 300 days operation at Campo Morado $31m profit per annum might be acheiveable.