More from CM....
"Parts are in, being installed, mill should be restarted, barring unforeseen problems, early in the week, possibly over the weekend....but be aware, in order to restart we need the crushers to work 2 shifts for 2 days in order to have the appropriate amount of ore to feed the mill and KEEP it running.
CAM"
The caveat about the crushing slightly tempers my enthusiasm, but I believe he means "just keep in mind that we have to crush this up", and not "aside from everything else, we might have hurdles to overcome with this aspect of the operation as well." I specifically have in mind that if we have to pay some outside contractor to crush up a bunch of rocks, (isn't that what we have the ball mill for ??), we could still run into problems.
But barring that, I would say that we should be making concentrate by next week. If we make 50 tons/day of 28% CuCon, that would be about $100k/day of product, PLUS the gold and silver credits. We probably go double again once we get the cementation circuit up and running.
If this all works out, we are looking at a cash cow priced like a biotech with some chemical that just got approval for phase 1 trials in human beings. There is a great element of risk here, but this is shaping up to be the chance of a lifetime. These prices are ridiculous, if this thing works out. Legacy wealth could be created here.....not just a comfortable retirement, but a legacy.....
M78
AI
