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Many investors aren't understanding yet. These are massive numbers. If NOT wanted to have 6 million tonnes 12 miilion tonnes they could. Just by lowering the cut off rate, easily, liokely up to 15 million tonnes! Understand they just wanted to show the high grade.
We need some folk to run the numbers here as to prove what I am saying.
From what I am hearing the cost would be $115 per tonne to get this to market, thats nothing. Everything would be paid off and up within 12 months. That using the Present Values as well.
500,000 high grade tonnes at $1,750 per tonne, do the math.
Folks this is an easy solution with a fast pay out. Putting a road nearby is not as big of a job as people think.
In 1 year, 10 trucks a day, with 50 tonnes in each truck, do the math. They could make it a yellow brick road and still have huge profits.
Reread the PR 3 times, many folks just don't understand what they are getting at, do the math and its mind boggling.
Be yyyz
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