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tmsocha

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tmsocha

Re: None

Saturday, 11/27/2010 7:27:25 PM

Saturday, November 27, 2010 7:27:25 PM

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$6,634,800 profit

May 2010 presentation on page 13 has $32/lb production cost.

http://203.15.147.66/asx/statistics/announcements.do?by=asxCode&asxCode=wcu&timeframe=Y&year=2010

Mill 55,000 tonnes of ore to yellow cake at a grade of .291%" how does the math work out on that. Is it simply 40,000t*2000lbs * .00291 = 232,800lbs of concenrate X $60.50 spot price = $14,084,400

It costs White Canyon about $32/lbs to production. $32*320,100lbs = $7,449,600

$14,084,400- $7,449,600= $6,634,800 profit
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