RE: Q2 Results???25 Aug 2023 11:45
Thanks GUY
ok so this is just a rough guesstimate of maiden revenue from KAKUYU.
I learnt that higher grades go through mill 1st to pay for costs.
So out of 250 tonne stockpile
200 t @ 3.75% = 7.5T CU
50 t @ 20% = 10T CU
Total 17.5T
Av price of CU Q2 = $8500
17.5T x $8500 = $148750
📍is formula I used correct
📍what % of revenue is used for costs
📍what taxes are to be applied for copper production in ZAMBIA
Just perhaps copper income from KAKUYU will part pay for drilling of new prospects announced yesterday.
Relistened to roast podcasts. Well worth It, amazing how much info you forget.
NOW is the time to acquire as many viable add on licenses as possible before copper price shoots up
Dani