Banca I.F.I.S Spa BNCIF

Cost per ton...estimate is dirt cheap!

[newsimon1707]

after I looked back at the IR presentation, I found an estimate of 10,000$ per day to run the mill... with 360 tpd process...

gives us 27$ per ton... 1 ton has 2000 pounds... so it's cheap to run the mill... the mill would generate 250,000$ per day at current price of cobalt, silver and nickel...

Now, you have to include the trucks that transport the material, the train that brings the highly concentrate material to a refinery, and the cost of the refinery...

But guys, wake up, this can be a cash printing machine!

I think they are getting rid of the idiots that are selling, and after that it's gonna go back up big time!

[Goldfather]

.....well  the SP was in the  40's just before  the LOI was canceled.  And now , in theory,  they have  the Refinery back. Plus, they are bringing   the (fully permitted and ready-to-go  Mill) to the bargaining Table. That adds a lot... And  revenue producing very quick. Soooo, why wouldnt it be still Valued at near  .40 ? Plus all the synergy

[newsimon1707]

S third and last part...