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Re: None

Sunday, 09/03/2017 1:33:21 AM

Sunday, September 03, 2017 1:33:21 AM

Post# of 47640
Let's be generous and say the project's costs are only $800/ounce BUT the all-in costs are a little higher than that. Cost and maintenance of equipment, worker's salaries etc. so now we come closer to the $1000/ounce figure.
Unless I am mistaken, Mexus receives 5% of PROFITS until MarMar has recovered it's initial investment.
SO, $325/ounce (again generous) derived from yield thus far (estimated to be between 400 - 500 oz. gives "profit" of $130,000 at 400/oz and $162,000
at 500 oz
So Thompson receives 5% of that which won't even buy his avgas.

WHAT A STUPENDOUS OPPORTUNITY ! GUESS THE GENERAL MARKET HAS COME TO THE SAME CONCLUSION