I think Your Right!! KDNG is suppose to have updated financials out this week and it looks like new deals are in the works. If your interested I can send you the updated news letter I received with links to more.
They expect to recover 40 ounces of gold per day per project.
Kading Companies will roll out a cookie cutter program with investments, from NBM, in tranches of $2.6M USD every six months as they bring on one new project at a time, once the previous project is producing. The total cost to production per project is approximately $2.6M USD and is generating cash flow within six months from funding. At the end of 12 months of operations the $2.6M USD plus interest would be paid back (18 months). This project is being structured as a joint collaboration between the concession owner, the operators of the project and Kading Companies. At the end of the first 12 months of operation Kading Companies will show a net after tax profit (including pay back of loan and interest) of approximately $1.6M USD. They will grow this to over $20M USD annually, based on the cookie cutter program, over a period of 6 years from start to the six year period, and Kading Company intends to continue the program for as long as possible, past the 6 year period (See financial projections in business plan).
We are currently presenting Kading Companies S.A. to the professional investment community. If there is any interest in your part, we would be pleased to provide you with more comprehensive information on the company for your review and consideration. Thank you for your interest. I will plan to follow up with you in the very near future.
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