Re: ...drilling has only started
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posted on
Sep 30, 2010 10:14AM
Lar, thanks for info....DNG is a pretty interesting model. I guess what comes first is the knowledge of how to build a 200tpd day plant..which undoubtedly we now have. Using the cash flow to explore is the same business plan as UC. The fact that these small plants can be profitable from day one is amazing. Do you have any idea what the capital cost is ..maybe $3-4 million. There clearly.. IMO...is the opportunity to do this over and over. I don't want to get ahead of ourselves until we get Layesca producing cash but I get pretty excited about what we could do now that we (Jim) has the learning curve and experience behind us.