GREY:NEVDQ - Post by User
Comment by
westcoast1000on Apr 07, 2022 2:41pm
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Post# 34585297
RE:Where are the volumes
RE:Where are the volumesNewstock,
Your math makes good sense. We need to wait until the world's copper investors believe we are producing and we have quarterly reports showing we have $10 million per month of free cash flow.
Your assumptions make sense if we think they are quoting daily production in tonnes, not tons, we average 2600 tonnes per day, and that we are netting $2.25 a pound over all in costs. I guess there is some degree of shrinkage between pounds in ore, and pounds of pure copper to sell at say $4.50 US but that is all still reasonable.
We all will have to wait until things get proved up and shown in quarterly reports. And hope no more scoops are wrecked in blowouts.