InvestorsHub Logo
Followers 14
Posts 1022
Boards Moderated 0
Alias Born 11/11/2006

Re: Gene_Simmons post# 7048

Monday, 05/23/2016 11:16:14 AM

Monday, May 23, 2016 11:16:14 AM

Post# of 47628
I doubt it. My guess is that Marmar will fund the operation and provide the manpower and equipment but the profits, not the income, will be split 50-50.

So, in your calculations, Gene, allow $5700 for costs. My guess is the $700/oz will be low, at least during the growth stage. I'm sure the accountants will play with it until none of us can figure it out.

Interesting that the PR doesn't mention the mill operation. I hope that's going on now.

Dino