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Re: congotongo post# 4099

Thursday, 03/17/2022 11:35:18 AM

Thursday, March 17, 2022 11:35:18 AM

Post# of 4943
Net revenue not gross revenue.

That's about 1.9M grams (if it's US tons which I can't remember if it is).

so $1.56/g in NET revenue. Add in the 50% JV, $3.11/g net revenue.

How much does it cost in refining the product to oil? How much on transportation? Etc.

Gross revenue probably falls in your $5-$7 range quite easily.