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Re: Blueeagle37 post# 15754

Friday, 06/14/2013 4:39:35 PM

Friday, June 14, 2013 4:39:35 PM

Post# of 22426
Here is the anwser to your question:

"The operating expense per ton used in this update is assumed to be $36.57 per ton for the first year of operation and is reduced to $33.75 per ton for the remainder of the mine life."

So anything after there expenses is profit, roughly $28 to $32 per ton!

Please see mine evaluation , link below:

http://www.vhgiholdings.com/index_htm_files/JANUARY_2013_VALUATION_UPDATE.PDF

Of course this is subject to slight changes as market adjusts!

Hope this helps!

VHGI

MS

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