Re: How we get to $1.00 per share
in response to
by
posted on
Aug 26, 2012 07:18PM
Hey..Truck...I'm not sure I really want to be guessing about the mill profits at this point...but if I did I would shave those numbers quite a bit...probably rock value of $200/tn max...maybe 60%recovery so net around $120...less whatever it cost to run the mill..maybe we net $50/tn...for me if we could get a cash flow of $1-2 million a year to start with I would be very happy. Fresh ore with higher rock value would easily double those numbers. Anyways just another perspective...all we are doing is guessing so best we sit on side lines until we see some real numbers..I'd sooner start conservative and not see our ballon deflated...before we even get to start commercial.JMO..