Wolf Minerals - Re: WLFE Stream Log - To put some perspective on...

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Re: WLFE Stream Log
12:23 28/06/2015
Cornishknocker
0 replies 0 0

To put some perspective on it, it is anticipated that Hemerdon will produce 500 tonnes of tin per annum, the current price is just under $15,000 per tonne, which means that Wolf will recieve $7.5 million dollars per annum for the tin, less royalties, smelter and marketing costs, so probably about $6 million per annum for the tin.

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