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Re: daggfish post# 18816

Thursday, 04/07/2011 1:05:48 AM

Thursday, April 07, 2011 1:05:48 AM

Post# of 101798
Don't the forget the master plan...

I can't wait to hear confirmation that production has commenced...
Maybe they'll do another "on the fly" video from the field, and we'll see another giant cobra. LOL

Nice valuation. Even considering routine downtime for equipment maintenance, I think SNEY will do just fine. To be honest, I'd be happy with 1/2 or 1/3 that amount per day. Of course, the more the better. It will be nice to have more money coming in as well, so they can proceed with the master plan:

These three 8" dredges are capable of processing about 40-50 tons per hour each for total processing of about 120-150 tons of material each hour. The plan is to deploy around a dozen or more additional dredges over the next several months.
http://www.marketwire.com/press-release/Sunergy-Orders-Initial-Equipment-Commence-Recovery-Operations-Rare-Earths-REEs-Gold-1350715.htm



...Sunergy President Bryan Miller says: "...Allied's existing 6" exploration dredge will be shipped to Ghana to start operations on our 150 sq. km. Offin River concession and of the next three 8" Custom dredges expected to be ordered shortly, one more will go to Sierra Leone and two will go to Ghana. We plan to deploy around a dozen dredges in each river system over the next several months. A dozen dredges allow for from 1800 to 2160 tons/hour of material processed"...

http://www.marketwire.com/press-release/Sunergy-Arranges-Asset-Backed-Financing-Initial-Equipment-Commence-Recovery-Operations-1358088.htm

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