TVI Pacific Inc V.TVI

Pre commissioning tonnes per day

[Bloojay1111]

Current tonnes per day is around 500 on a test basis using the Run of Mine. Once the TSF is completed and we move to full production TPD will increase to 2000 TPD (similar to Canatuan)

Cheers
bloojay

[Bloojay1111]

At 500 TPD using the ROM recovery for gold is 18.75 ounces a day and silver is 500 ounces per day.  At 1895$ for gold this comes out to 35500$ a day.  At 27.50$ for silver comes out to 13750$ a day   Based on the above I’m pretty confident that they’ve poured some gold.  Cheers Bloojay

[CountOfMeltedCrisco]

That's the news that will really "light the cans". 

[alkyd]

whats the net profit?

[rockingrooster]

3 Year Net Income After Tax based on NI 43-101,table 22-2 ,gold 1250 us & silver 15 us = $18,385,000 ( Revenue $164 Million) Based on GEO of 131,000 ounces. GOLD @ $1,900 us = Revenue of $249 million =  $ 85 Million Additional Revenue. Since the majority of costs are fixed and would not increase, ie mining, admin, etc,approx 60 % of additional revenue ( $51 Million) would flow to Net

[alkyd]

Rooster,thx for the info much appreciated