JohnESTrom,

Basing my calcs on your calcs...here goes:

15,000,000/220,000 = 68.18 days

LBE, using your calculations, 'should' be able to pay off JJNICL's 15 Million dollar loan in 68.18 days (is this cool or what)...and then from the Xstrata receive $300,000 x 30 = 9 million dollars/month

John have I done this math correct or am I way out to left field?

[assuming my math is on the right track] And then after the loan is paid off then this will mean that 220,000 x 30 = 6,600,000 dollars/month + 9 million/month = 15, 600,000 dollars/month x 12 = 187, 200, 000/year

John once again in your opinion have I understood this correctly or do I need correcting.

TIA,

-B1-