Larry is planning to add two more production lines, and add two more shifts every day. If three lines with three shifts are in full operation, which is three times what D.A.K is producing, then Dalian project can bring out 19.2 million revenue, IMHO. This is Larry's rough projection, I guess. Larry mentioned there are a few months in the winter, probably from December to February, the tailing lines cannot operate. The chemical production lines could rely on water for processing.
I am sure China deal is done. If it is not done, the swiss bank would not lend the money for EQBM to finance Dalian project's supplies and equipments. IMO, once the installment is delivered to D.A.K, the agreement (paperwork) becomes immediately effective, and Larry and EQBM management can participate in the daily operations, and most importantly the expansion of the production lines and shifts. Believe or not, Dalian project will bring EQBM revenue and positive cash flow as early as October or November because adding more shifts is not so hard.
Guy, we are heading back to double-digits. Suddenly this will become a low-hanging juicy fruit.
Cheers,