schocor wrote:Storm is  VERY remote deposit; luckily I hjaev worked at a couple of these in my life and I undersatdn the costs associated with them. 

ALot of poeple like to talk about small scale, season, DSO operations - which is AW!'s plan.

 I dont believe that a seasonal minnig seperation (6 month?) operations, shiping ~50% concentrate is large enough in scale to ever to generate a return. THe costs of keeping the operation on standy during 6 months outweighs any positive cash flow one woudl generate in the short operating window from a small scale operations (shiping 45,000 tonnes of concentrate per year). 

Aston has a 20% effective interest in Storm; and Aston is currently valued at $4.5m. 

 
small scale..we don’t know how many sorters we are going to be using yet do we... all the same your assumption of 45,000 tons at 53% concentrate is close to $220,000,000 ... that’s approx 2.2 sorters 100 day production.. 5 sorters? That puts us close to 100,000 tons of concentrate.. bout $460,000,000... can you tell us how many they will be using? Oh and 1 100 tone truck should be able to handle supplying enough to keep at least 3 of those sorters running if not all 5.. they aren’t moving the dirt far...