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2,896 Posts.
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21/01/18
14:54
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No idea about benchmark "costs of extraction and processing"
I guess that will have to be estimated once they get a full feasabity for a mine , plant and capex.
Possibly by end of Q3 ????
If there is 2 bill of mineral ...then u would expect maybe a 50 % margin after direct costs and cap ex amortisation .... is my guess.
Someone has to Trump up with $150 mill to turn the resource into cash .....first ....
A slow motion ....blue sky story ...however possibly very valuable to GBG
Cheers
VA
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