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Alias Born | 12/10/2007 |
Saturday, November 24, 2012 1:16:05 AM
Just doing the math here.
600 tons per month and average grade should be no less than AU 5g/ton and AG 35g/tom, so
Expected monthly production revenue based on today's spot price
===============================================================
Gold
600(ton) x 5(gram/ton) / 31.1(gram) = 96.46 troy ounce X $1751(per 1 toz) = $168,906
Silver
600(ton) x 35(gram/ton) / 31.1(gram) = 675.24 troy ounce X $34.13(per 1 toz) = $23,045
Total monthly revenue: $191,951 $$$$$$$$$$$$$$$$$$
Trial run would be 150 / 600 = 0.25, so 25% of $191,951, which is
still $$$$$$ $47,987
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