Wednesday, February 29, 2012 7:45:28 PM
But there could be another option. Get one of the cash rich gold miners of just the right size to do a JV, engineering, reconstruct the plant into a sizable working order for a percent and carry SRCH totally free in the bargain. They be the operators. Pick a percent number and it doesn't have to be anything remotely close to 50%. Low risk for the present management / board.
You are talking say extra 100 million for extremely good plant, make it 200 million. Chump change once you are in operation. It is not a mine, more akin to a manufacturing operation and just a screaming money machine. Back of the envelope you get your capital costs back in a flash at any resonable TPD thru put.
A buy out is nice but we the shareholders are only getting a thin check. I'm thinking something like 8-10 year plant life, you could ramp up over time. You got scads of money to buy other operations, hopefully wisely.
Plus all the iron / silicon etc that is in the waste stream you could also farm out to an on site cement block / concrete forming company as a sub. That stuff as an additive got to make a killer mix. Take a bit of effort to haul 20 million tons anywhere. Stock pile it and make another business on site.
Whatever, I've been trying to buy a bit more. Price doesn't want to cooperate most days. I think once it gets going will go to the moon. Don't even want to think about the tax part of it.
FEATURED Cannabix Technologies and Omega Laboratories Inc. Advance Marijuana Breathalyzer Technology - Dr. Bruce Goldberger to Present at Society of Forensic Toxicologists Conference • Sep 24, 2024 8:50 AM
FEATURED Integrated Ventures, Inc Announces Strategic Partnership For GLP-1 (Semaglutide) Procurement Through MedWell USA, LLC. • Sep 24, 2024 8:45 AM
Avant Technologies Accelerates Creation of AI-Powered Platform to Revolutionize Patient Care • AVAI • Sep 24, 2024 8:00 AM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM