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Re: None

Sunday, 09/29/2019 1:34:29 PM

Sunday, September 29, 2019 1:34:29 PM

Post# of 749
Too much for me to understand

Seems like, the $212M/yr positive cash flow based on the worth of
the materials mined, minus the cost of mining,
must be divided up a lot

Mine owner
Miner operator
Smelter

Meanwhile, 3 years to begin ops, and we're leaking about $16M a year
with a $95M market cap.

So with that margin, what are we looking at ?

Sell the mine to a smelter guys ? $1.2B

Or continue to struggle along the narrow path, debt, delay, build,

Meanwhile we don't really own it yet ? We have exploration rights,
but not yet mine rights/license ?

I have no idea how this industry goes.
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