Ed,
Before I answer your question,there is something I'd
like to clarify. I have just about had it with the
cheap shots on this thread. If you gentlemen want a
pissing match, then I will gladly give you one, just
say the word. I have tried to mind my manners, but
enough is enough.
Anyway, here is were I get my number from:
June 25/98 release
(10 -tons / day (15-tons / day
= 216 ton / month) = 324 ton / month)
Metal value $218,181 $327,272
Chemical cost <50,112> <75,168>
Fixed overhead <43,000> <64,500>
Profit before refining fees $125,069 $187,604
From this I extrapolate chemical costs @ $232/T and fixed
mill costs of $199/T
From the July 14/98 release:
. Global estimates, from the proposal, that refining
fees will approximate $200 per ton of ore.
Therefore, adding the chemical, fixed mill, and
refining costs,respectively we get:
$232 + $199 + $200= $631 per ton cash costs.
I was out $1.00, I apologize. Did I miss something?
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