Schocer wrote:
Concentrate Grade - 70% vs 53% - Cost Savings
Where is the ONE place in a minnig operation yuo SAVE expenses by producing a higher concentrate (70 vs 50% for example)?
The ONE - and ONLY - place this saves yuo money is ocean shipping the concentrate to the smelters at the END of the process. Perhaps the lowest overall expense a operation at Storm woudl face. How much annually you reckon that is giong to save you? $2 a tonne? Idiots.
Well done detectives. Red herring? Non-important info? Keep churning for some pump....like monkeys at typewriters, yuo will produce something to read ONE day.
schoccer, if you don't mind, please enlighten me as to what mathematical calculation you used to calculate an increase of $2/tn regarding our concentrate going from 53% this 70%. Looking forward to your answer! Tks
Yes, here we are complete with the usual no facts, no idea of how letters work.. and assumptions picked out of thin air...
Going from $4820+ a ton @ 53% to $6188+ a ton @ 68% THIS Isn’t a SAVINGS. Its A BETTER and BIGGER PROFIT....... yes I know these things are difficult..
P.S. 28% better.. F ur $2 a ton..oh ya and those are US $ not AUS or CAN..
So on 10,000 tons of 53% concentrate the value is $48,200,000us...For sake of argument let’s use someone’s number that flew out of their butt.. cost to shovel bag ship smelt, $2000. That leaves $28 million Profit.. now at 68% concentrate we have $61,880,000us...or with same cost base $41.88 million Profit.. not sure about you but an extra $13 million Profit for the same cost on just a small amount or concentrate sounds pretty good to me..
keep in mind 10.18% of AWMs test run was the high grade concentrate, while just over 9% of the run came out at 10% concentrate which can be rerun to increase the percentage per ton that is high grade concentrate.. ( 5kg test, 565 g 53.9%, 500g 10+% and remainder of 3935g..) sticking with 10% of the sorted tonnage being DSO material means for that small 10,000 tons of concentrate requires 1 sorter to run 100 days sorting just less than 50 ton per hour..
How many tons, what’s your guess? How many sorters? Clean material no additional steps to separate, possible 68% concentrate DSO? Yes that will likely give us a cost savings per ton as the smelter doesn’t have to remove impurities and will have less waste to dispose of due to the high grade concentrate..this may reduce the cost and give us your $2 a ton savings could be more or none at all.... but thats just numbers out of thin air...seems to be someone’s speciality.....
Cheap end on 600,000 tons of material with an average 4% (per AWM assumption) is 24,000 tons of copper is $218.000,000 US / $280 m ish AUS/CAN..
How much is there? What will the actual final tonnage of concentrate be? all I know is there’s a lot more of that Copper Gravel out there and it goes deep... then we have those lovely plates and the other 3 areas we will be exploring this year..
How is Aston Bays/AWMs Storm project Remote yet Polaris wasn’t?
According to AWM it is Highly accessible with turn key exploration... try reading their presentation of Mar 3 /2023.