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Re: gitreal post# 14167

Tuesday, 02/14/2017 5:01:46 PM

Tuesday, February 14, 2017 5:01:46 PM

Post# of 47640
Everybody knows about the initial 95/5 split. MarMar's costs should be taken care of with the 1st pour. I was referring to profits for the long-term scenario, which is a 50/50 split.

As you well know Mexus has very little debt. And this is a rare situation with respect to mining companies on the verge of going into production.

This bodes quite well for Mexus, as it means almost all of their profits will go straight to the bottom line. All very good for Mexus longs.