A quick query.... my maths doesnt seem to be working from figures based from that report only and 3mtpa as estimated throughput from earlier releases.......
So we are to assume, from what they have stated, that Processing costs should be budgeted at 3.63m per month....... that leaves them 12.59mper month [-geology (prob 1mil) -mining (prob 4-5mil), -admin (including Board) (prob 3mil) -development (prob not required) -shipping/handling (prob 2mil) -licensing (prob .1mil) -upkeep and maintenance (prob 1mil)]
....... its looking rather lean on the profit side... estimated at about 400k per month without any variation reaching targets of throughput, grade and recovery with no downtime...
CDU Price at posting:
23.5¢ Sentiment: Sell Disclosure: Not Held