Replies to post #28975 on Copper King Mining Corporation fka CPRKQ

[ABIGIDIOT]

okay. good. so verrrrry quick math says....

1000t per day now

4000t per day full anticipated = 100t con per day

so, we get 25t con per day =50,000lbsx 1.56lb = 78,000 per day revs, when sold.


price per lb. = on2them

expenses per day = 50,000

57million debt alone @ 10yrs @ 8% is 23,000 a day, alone. fyi

so, are we making 28,000 per day, or what?

[FFF]

Based on current startup estimates: 1000 tons of 1.7% copper containing ore should yield around 30 tons of concentrate. That assumes a 50 - 60% recovery rate of the copper and a concentrate with about 30 - 35% copper content.

Assuning they reach their desired production recovery rates, etc.: If they are running 3500 tons per day with a 65% recovery rate and a 38% copper content, then that would produce about 101 tons of concentrate per day (which is in line with jtf's statement of about 100 tons per day). I have heard that they will be shipping concentrate out in 500 ton lots, so that would mean about one shipment every week once in full production.

At $1.4M per shipment, one shipment per week, and 48 weeks of production per year = $67M per year in revenues. That is of course, once they achieve full production.

FFF