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1.2¢ vector resources limited

Ann: Adidi-Kanga Gold Project Acquisition and Update, page-105

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apkjm

5,172 Posts.

2011

07/03/19

14:54

Post #: 37686847
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Originally posted by binwood ↑

Ok,

Assumptions:

1Mtpa
6.6g/t headgrade
90% recoveries.

You have 1,000,000 x 6.6/31.1 x 90% = 190kozpa

Now let's assume:

AISC at $1,200 (bad)
AISC at $1,000 (ok)
AISC at $800 (good)

Sale price = $1,300

= Revenue of $19m, $57m and $95m respectively or A$27m, $82m, $136m using fx of 70c

Then take tax etc out of that aswell.

It's why we have been saying for ages size of the resource is only a piece of the puzzle. If AISC is $1,200 project is marginal right now, like really marginal. If AISC is $800 it's a cash machine.

It's the key piece of the puzzle for me.

Expand

And if your at US$800 with a huge resource , your a bloody cash cow casino Lol. Im thinking between US$850 to US$950 !

VEC Price at posting: 1.7¢ Sentiment: Buy Disclosure: Held
6 Upvote

0 Great analysis

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