What’s 80 tons of tungsten and 20 tons of tin worth ?24 Sep 2021 10:58
IF, for arguments sake, we produced 80 tons of tungsten and 20 tons of tin in September, what would our income be?
I reckon :-
Tungsten 80 tons x 300 per mtu = $2,400,000 x .80 (as per off take agreements) = $1,920,000 x 65% (purity) = $1,248,000
Tin 20 tons x $33,000 per ton = $660,000
So hopefully a total amount of $1,908,000