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Re: None

Saturday, 04/27/2013 9:57:08 PM

Saturday, April 27, 2013 9:57:08 PM

Post# of 72908
$100,000 or more revenue per day from Fencemaker mine by my estimate. $36 million a year or more. FLPC is permitted to mine 100 tons per day with an average antimony concentration of 10% to 25%. Antimony is priced about $10,000 per metric ton right now. As I recall, FLPC's cut is 40% of the overall yield. Gross receipts then of around $40,000 per day. Subtract out wages and operating expenses of $5,000 per day and another $5,000 just to be conservative.

$30,000 per day x 365 days is about $11 million a year net profit.

Current market cap = $2 million.

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