FMNJ-news Revenue @ $52K a day- 1st vein Cerro mine
Conservative estimates out today of $52,500 per day (@$700 ton)from the 1st of 4 veins for FMNJ from the Cerro Mine.
Equates to +-$16-19 million annual revenue for the 1st vein. If the other 3 veins have similar reserve potential, estimated annual revenue total at +-$60 million (+-.20 share value)
Plus, FMNJ has partnered w/YPFB to construct/operate the first liquid to gas refinery plant w/ large potential income.
As always, do your own due diligence, as this is my opinion only.
Best Regards
