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Re: carmine_langone post# 39898

Monday, 09/26/2011 1:57:41 PM

Monday, September 26, 2011 1:57:41 PM

Post# of 65657
The actual number quoted by PQ was $4010 per day to fund mill operations. I also asked if the $50/ ton figure was accurate or more importantly what did it include/exclude. PQ asked the bean counter on additional over head and it was $30K/month. So the math is 30 times $4,000= 120,000 plus 30,000= $150,000/month.

This of course does not include capital expenditures [smelter, mill upgrade and expansion.]

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