Kensington Resources Ltd. (V.KRT) * Diamond in the rough! Message Board

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Gold/Mining/Energy : Kensington Resources Ltd. (V.KRT) * Diamond in the rough!

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To: tom eland who wrote (4278)	8/27/1999 2:45:00 PM
From: heavylifter	Read Replies (3) of 5206

Hello every one and tom.. The cost to process one ton at FALC is about $13.00 cdn based on 40-60 tonnes processed per day. This includes everything including overburden removal. It will all be open pit. After the diamonds are extracted the dirt will be replaced in the pit(s). There is a road to the site as well as power. And, lots of people around to do the work who would be real happy for a job. SO, this means that FALC doesn't need more than $14.00 per ton in sales to get $40-60,000 dollars per day profit. And, I'm betting that we get a lot more than that on average. The tonnage is so huge that we will be mining for 91 years. Anyone want to guess what a raw high quality diamond is worth per caret in 5 or 10 years. Hell I'm going to be cashing dividend checks soon. About $2.00 per share per year if my math is right. Gotta go feed that darn mule... Heavlifter

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