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Gold/Mining/Energy : Trump's 12 Diamond Picks, Discussions Limited
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To: Sudhir Khanna who wrote (972)6/27/1998 2:48:00 PM
From: George J. Tromp   of 2251
 
Thanks for the imput Sudhir., what do you feel to be the minimum
threashold of tonnage for a viable project that is both open pittable
and underground. 3Mil tons., 5mil tons., 10mil tons.,?
If it were front loaded open pitted., I would think with these valuation
numbers it would be cash rich early on.?
Even at 100US operating costs the margins would be in the 200
US range., good by any standard.
James uses the figures of 100.00C or 70US as his basis for a 1000 ton per day operation., producing 365000 carats . With those numbers I can see some large cash flows.
Sincerely
George J. Tromp
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