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Tetlom - this is my take...40000 tonnes ore @ 5g/t =...

  1. steady74
    238 Posts.
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    24/10/12
    19:59
    Post #: 10906668
    Tetlom - this is my take...

    40000 tonnes ore @ 5g/t = 200000g
    200000 /31 = 6450 oz (troy)
    6450 / 2 = 3225oz (share to ORS)

    $1600oz - $500oz = $1100oz profit per oz

    3225oz * $1100 = $3.5m (net to ORS)


    Still a nice little earner
    ORS Price at posting: 16.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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