Hi gassed,
I'm reluctant to feed the Rottweiler every time he barks (too cryptic??), nevertheless:
Presumptions:
1. POG currently AUD1650/oz
2.“targeting +8 g/t Au” - with improved recovery rate of 95% - lets assume the "+" = 8.5 g/t recovered
The revenue split will apply above a 4g/t head grade.
So essentially, 4g/t is opex and capex,
Opex & Capex: 200,000 tonnes @ 4 g/t = 28,219oz @ AUD1650/oz = $46,561,350
Capex + OPEX + Revenue: 200,000 tonnes @ 8.5 g/t (recovered) = 59965 oz @ AUD1650/oz = $98,942,250
Therefore - Total revenue (split between LNY and a 3rd party processor) = $52,380,900
3rd party processor revenue split
- 80,000t @ 4.5g/t (8.5oz - 4oz) = 12,698oz – 300oz = 12,398oz x 40% = 4,959oz + 300oz = 5,259oz @ AUD1650/oz = $8,677,350
- 120,000t @ 4.5g/t = 19,047oz x 30% = 5,714oz @ AUD1650/oz = $9,428,100
3rd party total $18,105,450
LNY revenue split
- 80,000t @ 4.5g/t (8.5oz - 4oz) = 12,698oz – 300oz = 12,398oz x 60% = 7,438 oz @ AUD1650/oz = $12,272,700
- 120,000t @ 4.5g/t = 19,047 oz x 70% = 13,332oz @ AUD1650/oz = $21,997,800
LNY total $34,270,500
I'm confident $32mil stacks up gassed,
Happy for you to show me my errors....through meaningful content....not rhetoric.
BTW, there's circa 13mil left @0.003. You are not seeing the daily Chi X orders my friend.
Cheers,
Expand
