Re: Some math estimates for SPQ CHromite values.... everyone
in response to
by
posted on
Mar 18, 2010 10:36PM
First Explorer at the "Ring of Fire" and presently drilling on the "BIG DADDY" Chromite/Pge's jv'd property...yet we were robbed
"isn't 38% in comparison to 32% an increase of 18% or so???"
Perhaps I didn't express myself correctly but the point I was trying to make is that in the scenario presented, on an annual production of 1 million tons of ore, Big Daddy would provide an additional 60,000 tons of profit over Black Thor. What ever that profit per ton would be is anyone's guess.
Lets move on.
SRV