Page 46 - Leshobo Technical Report_October2016
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8.2.4. Assumptions on Expected Revenues/ Economic Viability of the
Project
Topbram Initiatives has researched on prices of crushed lime stone and established
that on average, crushed lime stone is selling for about R250 (Two Hundred and Fifty
Rands) per Ton. A price list from a company called PBD Lime is attached to bear
testimony of the research.
If crushed and screened lime is indeed selling for R250 per ton, then Topbram may
assume that it would generate the following amounts as gross income vis –a-vis
production quantities.
8.2.4.1. Gross (Revenues) Income at Sales of up to 50 000 Tons per
Month
Sales of 50 000 Tons per Month @ R250 perTon
Equals 50 000 Tons x R250
Equals R12 500 000
8.2.4.2. Gross (Revenues) Income at Sales of up to 600 000 Tons per
Annum
600 000 Tons x R250
Equals R150 000 000
8.2.5. Assumptions on the cost of Mining
Topbram Initiatives assumes all of the equipment below will be put to use for a period
of 18hours a day over a duration of 26 days a month. The hourly rates then amount to
468 hours in one month.
The hourly rates have been sourced out from different plant hire companies and they
might be discounted on account of the fact the machinery will be working for more than
189 hours in a given month.
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