posted on
Nov 16, 2007 05:53AM
For those of you familiar with the Britannia mining museum outside Vancouver - there is a dump truck by the museum's front fence. Rated at 220 tonne, price tag $3.4million in 2004. Sisson's suggested production rate of 20,000 tonnes per day is equivalent to 91 truck loads per day. Geodex will probably need 7 or 8 of these trucks to maintain production - that's $27 million capital cost for trucking alone at 2004 prices. But with a 2.7 year pay back period we can afford it.