Evidence based speculation, page-9

Hey Gosouth,

Two things here. I assumed that the costs of production would be similar to an existing producer in australia. The cost of labour in australia is higher, while the cost of shipping in the amazonas area would be higher.

Point 2. A profit share arrangement i believe has been struck with a producer for processing the ore.

I may be double dipping the costs here too. Sonce the full processing cost is all included in MOYs cost base.

The evidence is what we know.

A. What a current producer costs to produce and
B. The proceasing partner taking 50% of profit

Without much more to go on, its impossible to tell with a absolute degree of accuracy, but looking at ball park and a high level yes/no on whether trial mining will be covered or not. Or even whether it has potential for profit at all.

Thx
Smite.