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Re: Biowise post# 62465

Tuesday, 03/12/2013 1:59:01 PM

Tuesday, March 12, 2013 1:59:01 PM

Post# of 67010
I dont know how I could do math on projections for the mill without estimated CAPEX, terms or orders and operating costs- they project a gross profit percentage it is true but I admit with lack of transparency hard to get comfortable with that percentage for custom milling.

Having said that if they receive a permit, if there is ore available to process through the mill, at these gold prices one has to assume mill would be profitable.

Isnt there a payment due on the mill soon ?

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