KMN 4.00% 12.0¢ kings minerals nl

Bravestoker2, thought i would do some quick calculations and i...

  1. 522 Posts.
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    Bravestoker2, thought i would do some quick calculations and i dont know if my fiqures are correct, but if they are correct, we need a rerating.

    As per scoping study

    1009466 recoverable oz au
    11277199 recoverable oz ag

    multiply those by $489 for au and $11.5 for ag

    operating profit at $900 for au and $15 for ag was $260 million

    Add approx $493 million for au
    Add approx $130 million for ag
    New operating profit before tax over 10 year mine life is now approx $843 million.
    this is only a quarter of what is at Cerro, without what we have at kalman, i know the figures are rough but soon or later we have to come under notice from the big boys, hopefully the feasability study will enlighten people to the potential here
 
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