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Re: nvtaylor post# 60320

Friday, 01/11/2013 5:01:47 PM

Friday, January 11, 2013 5:01:47 PM

Post# of 67010
I dont follow Newmont but (a) are they referring to cash or total costs (b) doesn't Newmont mine at much lower grades ?

I cant seem to find the basis for the forecast grade, over what width and what is mining width at the mine

I agree projection given by this company appears prepared by people without mining experience, how can they not have forecast the CAPEX required ?

Just off the top of my head what I find interesting is two things is the stable mining cost forecast ton increasing tons per day mined as usually there is some economies of scale, second what are smelting terms or how they will they get paid and is this factored into cash flow projection ?

I am new to this baord, I do not know whether they are using track or not.

I would hazard a wild guess that at 200 tons per day $150 per ton would be difficult, but at 750 tons per day with this grade it is possible.

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