Column 1 0 Stellar Resources Production at todays prices Current TIN prices Operating Profit $42.7M aud
Column 1 0 Pre Capital Start Up Costs $114m us - Underground Mining Methods to process 600,000/t ore for recovery of approx 5,000/t tin concentrates pa.
At Current LME Tin Price (29 Oct 16) $us20,850
Production Costs 5000/t @$us 14,438/t = $us72,190,000
Sales 5000t @ $us20,850 p/t = $us104,250,000
Gross profit $us32,060,000 Converted to $au42,717,000
Futures Tin Price Say $us30,000 p/t equates to $au102,397,093 Gross profit
Futures TIN prices @ $us30,000/t = Operating Profit $102.4M aud
About 1 month ago this formula would have resulted in a negative result and
after Fridays TIN price resurgence there is now a big possibility that an operations start
up could be looked at especially if TIN reaches $us 30,000 p/t.
Just need to fast track the steps and find a backer with a spare 100 mill.
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