Firstly this is niether an up or a down ramp and just sharing a...

Firstly this is niether an up or a down ramp and just sharing a few thoughts/ findings while we wait for erl to release some news so don't shoot me..... http://www.asx.com.au/asxpdf/20160901/pdf/439w5pj92hdysk.pdf
So, if burbanks has a capacity of 180k Tons per annum. And erl will be processing 150 k tpa . This would mean around 10 - 11 month campaign at full capacity taking in to account 90% run time.  Based on   The 32m revenue would equate to about 3m per month. So the q is will we actually make any profit once the debt is paid, operational expenses paid, additional drilling done in this campaign? These are just a few rough calc and will run more specific calcs through a spread sheet tomorrow and pass on what I find. Interesting that burbanks was to be operational late 2016 to process 3rd party ore which incidentally was the proposed timing for erl to commence mining. Again interesting that erl are ready to process at the same time burbanks is ready nearly 9 months late. Dyor. IMO.