SMD 0.00% 1.0¢ syndicated metals limited

Just doing some rough figures on the potential of Kalman. Im...

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  1. 227 Posts.
    Just doing some rough figures on the potential of Kalman. Im using AOH's DFS (http://www.altonamining.com/static/uploads/documents/Little_Eva_DFS_Update_-_March_2014.pdf) for figures, there deposit is large but lower grade, could be a reasonable comparrison.

    C1 cash costs = 1.65 per/lb x 2204 to get cost per tonne
    C1 cash cost per tonne = $3636.00 per tonne
    Capital costs = $262 million

    Price per tonne of CU = $7,000

    So if we have 460,000t of contained copper x ($7,000 - $,3636) or $3,364) = $1,547,440,000 profit

    so $1,547,440,000 - say 300 million for capital, leaves us with 1.2 billion profit

    Have I missed something or gone wrong with the figures here?
    Last edited by undedev: 25/06/14
 
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