SMD 0.00% 1.0¢ syndicated metals limited

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

  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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