The anlaysis gives a perspective on our income possibilities.Such a perspective,like my long term income/share price value for GORO,gives longer term confidence.The vacisitudes of the day are less significant.
Of course,additional production facilities,be they expansion or new facilities,will be needed.That is our medium term future-adding to our promising production.
How do we add to production?
Fund it all ourselves?
Consider a JV or two?
With a revenue stream slowly developing,I suggest some time will be involved,before we self fund additional existing DR facilities or putting up a new facility on that property.I assume we will not take on debt. While personally allergic to debt,for production, I would seriously consider a small share placement.The rationale,relatively quickly achieved additional income,would add far more to our SP,than a minimal placement or say 2-4 million shares placed.Writing that,new facilities,are not going to be producting at near capacity for some months after possible construction.
Production is a bottle neck situation all our speculations founder.For now.
