Calculation

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tmw

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Calculation

posted on Nov 09, 2010 01:44PM

What you think about my calculation :

Revenue (not profit) :

250 ton per day x 220gr silver/ton x 80% recovery x 320 working days x 900$/kg = $12.672.000 = 0.08 $ per share.

I have no idea about cashcosts, but let's say it is 6$/oz = 200$/kg

NETT CASHFLOW = 12.672.000 - (14080kg silver x 200$) = $ 9.856.000 !!!!

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