Post by
prospector11 on Apr 23, 2012 4:55pm
Very rough estimate................
just doodling away, app. $100K operating costs pr.d. @ full cap. of 4000 t. = 160 oz. @ 25 t.pr. oz. = $240K pr.d. recovered Au value @ $ 1500.00 pr.oz. This gives app. $25.00 pr. t. cost for processed through put. I based this on the #s in the release and used the front end of the plan. Required a lot of est. and interpretation and is IMHO only. Some might put heavy emphasis on the hurdles that have to be met to lever an exploration play into a producing mine, others on the yet to be evaluated positive potentials. GLTA