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Thanks Dani got there although my guesstimates are simply that , and not reliable so figures could be way more or far less.
There is the statement to take into consideration, on understanding how the extra costs incurred by hauling off site 70km or so and cost of any deal for services to process and sell may impact early returns. There is low grade ore up to 1%cu that has been stockpiled for upgrading through blending with higher grades and also can be processed on site later that is considered non commercial to be sent for processing.
With 1% not being economical enough for a positive return from sending off site solely, then it puts into perspective the perceived relatively low returns from sending the average grades of 3.5%cu once “all costs” are considered.
I do think what is odd is the inability for many to believe that the company they are supposedly invest in, doesn’t have the ability to return any kind of value from the mission that they have essentially backed it to do.
You can’t make it up 😉
You couldn't make it up..
.....
...........
OH WAIT !!!!
Yawn
KAKUYA income Final followed from post 3SEP 0945
Hallelujah just realised these are MONTHLY FIGURES🐞
SCROLL down for Quarterly 🐯
♣️Below total income figures using AISC of $2.60LB & current copper price of $3.84 LB
♣️Haulage calculated at $500 per 30T rock
monthly
📍5 T
$478,401 (385,808 X $1.24)
➖ $83,000
TOT $395,068
📍6T
$574,082 (462,970 X $1.24)
➖ $100,000
TOT $474,082
📍7T
$669,763 (540,132 X $1.24)
➖ $116,000
TOT $553,763
Of which XTR 60% PROFIT SHARE per Quarter is
(Above totals x 3 months) x 60%. N
✅5 T
$711,122
✅6T
$853,347
✅7T
$996,773
From the above to be deducted 30% corp tax to be paid JUN24 when finals released.
Wanna know if Joel will earn interest on corp tax and at what rate.
To achieve above XTR only risked $65k capital.
Eat your ARTS OUT
CruELLA
♦️♦️♦️♦️
Yeah I know sorry was mine to confuse
>>>go again from this below as sorry, maybe I confused it with calling it AISC as doesn’t account for the extra haulage. Below based on running ore to Kabwe for processing
So please pretty please once more as per my post 17.56 🤗
Guy
You said AISC of $2.60 lb which means ALL costs
Where is my error,?
.
Hi Dani not disputing your calcs, I’m sure they are fine but flawed as all other costs associated should be included as per correction.
I’ll steer clear of the math.
Cheers
Guy 😉
JEZ
Gold production as per rns 6th July
Q1 140kg
APR 68kg
MAY 66Kg
JUN 70kg this was announced in a podcast
No guidance for Q3 wether production has increased or stayed the same for Q2
Guy
Please SCROLL down to this AM Posts and tell me if calculations for KAKUYU are now correct
Thanks
>>Guy is the above correct?
I would consider that a fair assumption from mining rates but based on having own plant. But if that was the case then we are looking at couple or few years down the line and hopefully by then getting into the newly identified resource giving xtract 70% net profit share. But don’t take into account how it will be paid for.
That really stretches the imagination of our many critics here and rightly so , so for now maybe go again from this below as sorry, maybe I confused it with calling it AISC as doesn’t account for the extra haulage. Below based on running ore to Kabwe for processing
•Between 5-7k tonnes per month @3.5%Cu ( rates specified in March presentation which also states that it will be a sustainable operation btw based on pit extensions and new discovery. )
•$500 per 30ton load haulage fees. (Wild guess not researched)
•All in mining and processing costs if $2.60/lb (based on basic search result of a higher end figure that includes mining rates too)
•Deduct 5-10% loss of copper concentrate from metallurgical recovery losses at processing.
Jubilee ‘charges’ for processing and selling our ore ?? ( no idea there but some sort of figure should be included in any guesstimate)
60% net profit share to Xtr (until initial mining from current pit depleated)
30% corp tax
Think are mostly reasonable assumptions based on what company have put out, so fair game to throw some numbers about to fill in the gaps I’d say.
Rns said 60 to 80.
He also said 2mt for BR in roasties podcast didn't he ?
Ironically the ratios of exaggeration are similar
Remember that ?
Paid podcasts are exactly that, you don't see Maccy advertising their salt and sugar content in their paid for ads do you.
I have some beans for sale.
Interested ?
Well Jez
dear C🎯l actually gave top end target of 130kg gold for FAIRBRIDE in roasties podcast
SO
get your FACTS right you numpty 😁😁😁
Meant to say sensation but a cold bath is sensational after all.
For a start even your saviour CB isn't using 100kg a month, your optimism is admirable but none the less delusional.
I for one got over making shi t up to give myself that warm feeling of success many years ago as the cold bath sensational when reality happens isn't good.
BACK
let's put a forward value on FAIRBRIDE based on 📍100kg gold production per month
I gave a FORWARD VALUE OF £102m which is 12p a share.
Current ratios for 200 metal miners
📍PE 8
📍Sales growth 12.8%
📍ESP growth 7.63%
Go on have a BASH and show your workings out.
cruELLA😎
Good morning Guy
Revised income figures based on your AISC $2.60LB. I have used today's POC $3.84 PER lb
Virgin Rock T @ 3.5% average grade
5000 175 T CU
6000 210 T CU
7000 245 T CU
Çonverted to ILBS
175 T = 385,808
210T = 462,970
245T = 540,132
PROFIT PER LB = $1.24 ($3.84 - $2.60)
$478,401 (385,808 X $1.24)
$574,082 (462,970 X $1.24)
$669,763 (540,132 X $1.24)
XTR 60% PROFIT SHARE of above income
$287,040 for 5T virgin rock
$324,079 for 6T virgin rock
$401,857 for 7T virgin Rock.
Guy is the above correct?
If so then Corp Tax of 30% can be deducted and set aside as an accumulative amount to be paid once finals released in Jun24.
I wonder what % rate Joel can get?
Perfect timing Joel - to be an EARNER and NOT a payer of interest??🎯
KAKUYU income
I know I don't have the expertise to value Fairbride, other than knowing it's not worth 12p, and so keep quiet. You appear to be equally clueless but seem to need to advertise the fact.
Come on SOIL & FULL of erm
Tell me how to value an asset such as Fairbide?
Looking back at your posts neither of you have a clue.
Surprise ME
NTM
?📍Anybody taking any notice of her calculations need their heads examined
??❓And wot is this supposed to mean?
ZAP thanks will recalcute everything based on $2.6 CU LB
As for all your other constructive comments NOT
am NOT impressed.
Think you are ALL due a SHOWDOWN
WATCH this space
Dani takes much notice of her own calculations....and whoever gets to examine her head is in for one hell of an experience !
Some time ago, Dani calculated that Fairbride was worth 12p per share.
Anybody taking any notice of her calculations need their heads examined.
Howezap-predicting income close to £1mpm based on possible grades is total crap-there may well as you say be "possible grades" , but what they are is unknown, so for Dani to try and kid people that future income is x is just that "Pure Sunday Roast Crap"
Probably focussed on the Notts Forest transfer news .... Will Salah go ?
I'm surprised how quiet Bird has been TBH, he's normally pulling out all the stops to promote a new scheme.
This can mean two things.
1. He's learnt his lesson on over ramping ( unlikely)
2. He's keeping away from being drawn on BR progress because it not the best news.
I wonder......................
Just use as ball park $2.60 per pound AISC I’m just saying 50% as a rough idea of processing costs.
Tax not included in AISC as is not an expense incurred but levied on profits made.
Can’t say when but as Moz at end of year sounds reasonable.
No idea how much Jubilee will command.
Their 5-7 ktpm target could well be from if and when they have own processing bought in or from initial ops.
It is fairly clear that cash flow generated will be used to pay for a larger exploration programme ‘toward’ increasing Kakuyu to a larger operation if results are as expected. It will, or will eventually need to be sustainable with no drain on the company. So may not see any real initial benefit from there.
Any updates will be appreciated as it sounds like work has been ongoing at full pace with the staff that have been appointed.
Can't you get it through your skull that at this stage it's impossible to create concrete figures. There isn't enough information without drilling the s hit out of it. PFS and DFS is lengthy and costly, even then you can't say for sure.
There isn't a catch all price per tonne for processing virgin rock, it depends on the rock, it depends on the process, it depends where you are doing said processing.
JEEBUS !!!