ROUND 2 ( another run at pea costs ) Mine Costs + Course Back Filling ( present 1st line )
Mine Costs + Course Back Fill ( carry over same as 1st line - shown but not added in )
Processing Costs ( present 3rd line )
( 1st + 3rd cost figures ) i'll take another poke at - pea.
25 million tonnes ( grnerous tonnage ) indicated and inferred
Mine Cost + Back Filling ( pulls ore out + places waste ores back in )
25 million tonnes
x $2.09 per tonne
= $52,250,000 million
Processing
25,000,000 million tonnes
x 75% course rejects
= 18,750,000 million tonnes ( course rejects )
= 6,250,000 tonnes feed stock for processing
6,250,000 million tonnes ( processing )
x $8.52 per tonne
= $$53,500,000 usd ( cost to process )
Mine cost + Back Filling Course Rejects
+ Processing
= $105,750,000 million usd
Using figures above...
i'll recalculate pea costs
$52.250, 000 - .Mining costs incl course rejects
$53,500,000 - Processing
$ 2,200,000 - Waste + Water
$45,000,000 - G & A
= $152,950,000 million ( total operating costs )
UNIT COST
since line 2 on chart below is a repeat of line one ( assumption )
i'll omit line 2 - $4.97 unit cost
Total Unit Costs
$15.50
- $4.97
= $10.53 ( total unit cost )
Could these revised figures be correct ...?
Suppose they were....
Ivana would be all the more profitable.
If course gravels / sub aquifers ------> contain uranium ?
All the more valuble.
After all.... mine process is simple...
Excavating ores near surface
0m - 30m.
No crushing No Milling
Wash and scrub ores
Place in carbonate acid
Dry finished product - ship out
Suppose my figures were correct...
BSK .... could command far better jv terms.
Chime in if i've errored.
Provide your own take.
Gotta love the -/+ 35% pea buffer....lol
$363.7 million - PEA
$152.9 million - my guesstimate figures
= $210.8 million difference 60% buffer
Advice ?
Test the gravels for uranium source.
If rhyolite limes come in contact with uranium bearing gravels...
Caustic limes would certainly precipitate uranium from gravel rocks.
Making it appears as.... calc limes is source vs actual gravels and sands.
Cheers.....
