InvestorsHub Logo
Followers 63
Posts 2687
Boards Moderated 1
Alias Born 02/13/2005

Re: Implanting post# 25949

Friday, 10/10/2014 12:28:14 AM

Friday, October 10, 2014 12:28:14 AM

Post# of 26631
I will try to answer both posts in 1.
The funds disbursement were documented by the company at least the big chunks. The largest part was paid to DB. The rest to other landers and payable holders. The numbers should show up in the year end balance sheet. I can't wait for that one.

Production feasibility. I believe GI covered that and I touched on it.
The best point GI made was that you would think lenders of $60m did some due diligence on the feasability of production level. They know the history and they were not born lat night.

My best WAG For production over 3 yeas
120k from stockpile
90 K Molejon
100k Portugal

Since Molejon could be more than 90K it is a tall border but not out of the possibility.

Do not forget that they need to ramp up so the year 3 would need to be around 120 to 130K run rate per year

2 wild cards are production from Spain and from another location

Cheers

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.