Ni, Co, Cu, PGM, Au Properties in Ontario Canada

Producing Mines and "state-of-the-art" Mill

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Message: Re: I Don't Get It! (Sarlock Financials)
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Sep 03, 2008 08:45AM

Sarlock in Feb can you make one assumption

Assume 1200 + 300 tpd at $12.50 ( Price 1)

Now take Price 1 and divide by figure you are pricing Ni at and come up with a new tpd total

this will now affect the costs

Company has said that their production will be adjusted to reflect a lower Ni price. We could very well be looking at 1600 tpd.

Thanks in advance.

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