TBA 0.00% 2.6¢ tombola gold ltd

Rough Calculation

  1. 8,925 Posts.
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    Lets say we could mine 100,00 ounces a year. On the bottom end of the estimate that would give us 10 years on mining at Cloncurry. If we only made $100 aud an ounce, we would have $10m each year for exploration.. This should be doable, if we if we only got 50,000 ounces a year, thats $5m a year. We should actually be able to make more than $100aud an ounce. Thoughts anyone..The start of mining at Cloncurry will involve a bit of capital.
 
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