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Thursday, 04/02/2009 12:35:28 PM

Thursday, April 02, 2009 12:35:28 PM

Post# of 42625
Plese check my math. FMNJ has announced that Turiri grosses $2300 per ton. If initial production is 50 tonnes and will ramp a up to 150 tonnes per month , the gross revenues will be $115,000 to $345,000 per month at full capacity. If fmnj's share is %60 the company will net approximately $7000 per month and $21,000 per at full capacity. The company should net approximtely $250,000- $750,000 in a years time from the San Antonio.If the expenses to run the mine come off the top,( my guess is $100,000 ), this is not a bad deal and gives the company some needed, albeit modest, cash flow. It also establishes its credibility as an operator of mines in Bolivia. Not too bad inh my opinion.