but what is the revenue per tonne? and what is the yield? One tonne of ore mined doesn't produce 1 tonne of Tin. Then you need to factor in the other commodities in there including Tungsten and Copper
That's why an operating cost per tonne of SnEq allows you to compare to the Tin price and includes all other commodities as well, to give you a total margin.
1.0% grade at 72% recovery for Sn means it would take 139 tonnes of ore to get one tonne of Sn assuming. So that's US$8,750/t Sn at least. Then you need to take into account cost of extracting other metals.
NAE Price at posting:
0.8¢ Sentiment: Hold Disclosure: Held
