Senoj - 54 million per annum!! No way mate This is what my notes...

Senoj - 54 million per annum!! No way mate

This is what my notes say - very differnet to yours!!

Assuming 150K mined per year

"Current" Commodity Prices
Mo (pound) $12.00
Mo (tonne) $26,455.47
WO3 (MTU) $190.00
WO3 (tonne) $19,000.00

Head Grades
Mo 0.102%
Wo3 0.40%

Production
Mo (tonnes) 153
WO3 (tonnes) 600

Recovery
Mo 80%
W03 80%

Concentrates
Mo (tonnes) 122.40
W03 (tonnes) 480

Total Yearly Concetrate Sales
Mo $3,238,150
W03 $9,120,000

QOL Yearly Sales (85%)
Mo $2,752,427.25
W03 $7,752,000.00

= US$10,504,000

Now these are inflated - I reckon the recoveries would be around 70% and plus they are not pulling 150K tonne out of the ground either!