InvestorsHub Logo
Followers 27
Posts 4610
Boards Moderated 0
Alias Born 04/30/2005

Re: None

Friday, 09/08/2006 2:54:39 PM

Friday, September 08, 2006 2:54:39 PM

Post# of 42608
Food for thought. Does anyone have any idea of what the cash flow per day will be from the tailings project. It appears that the company has invested 1.5 million to buy a tailing plant that can process 4oo tons of ore per day. ? How much money does fmnj make per day on this process. The total investment parlaying the cash flow to build 10 plants is $15 million.How much time will it take to reach the 10 plant project. This info can be extrapolated when the company is able to erect the 2nd plant. It is an interesting progression, and has vast implications for the viability of the company. Once they prove this works, I would expect a investor, or banker would step in to speed up the process. Any comments anyone?