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Re: aqfl post# 23308

Monday, 12/26/2016 11:40:32 PM

Monday, December 26, 2016 11:40:32 PM

Post# of 55227
Rough numbers on what Jupiter Gold could do.Jupiter Gold gets the funds and adds A second GRU within 6 months.Say they recover .5 grams of gold per cubic meter at 10 cubic meters per hour.5 grams per hour x 40 hours x 30$ per gram = 6000.00 per week x 2 GRUS =12000.00 Subtract 1500 for fuel and direct labor and 500 for misc. direct costs and you got 10000.00 Spit 10000.00 with BMIX and we are at 5000.00 Spit it again for company overhead,royalty payments ect. and you got 2500.00 per week.In 10 weeks they would have the money for another GRU.Say they add one every 3 months for 5 years.You then have 22 GRUs payed for with no company debt and no dilution.Any diamonds would be extra for A rainy day or use for equipment replacement costs.Just something to think about.
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