When to pull the trigger?? 800 tpd. @ 6 grams per ton. equals 4800 grams per day
4800 Grams is 154.32 Troy ozs
Using price of gold $1700/ oz
All cost to produce. $900/oz
$800 US. Clear cash per oz
154.32 oz. times $800 equals near $123,456 clear cash per day
Run the mill 300 days
$37,036,800 Clear cash per year at 800 tons per day
$111,110,400 Clear cash per year at 2400 tons per day
Our management appears to be very close to...............?