Those who didn't read to the end of 43-101It stated the following:
Daily Net Cash Flow for specific molybdenum prices
Quoted Molybdenum Price per pound Daily Net Cash Flow
$23.00 $3,770
$28.00 $14,832
$30.00 $19,257
$32.50 $24,788
$35.00 $30,319
$37.50 $35,851
$40.00 $41,382
$42.50 $46,913
$45.00 $52,444
These prices are in US currency. Moly being at $30.00+ lb, we could see UNB making almost $20,000 US per day which is equal to $300,000 US per month based on a 15 business day month or $600,000 US per month based on a full 30 days of milling.
If done over the 364 projected days, UNB will be sitting on $7,248,000 US. After reading the report, I do believe they've purposely over-estimated on alot of the figures just to be on the safe side. The 7 million figure could be higher.
Anyways, not a bad chunk of cash to re-invest in other upcoming properties.
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