InvestorsHub Logo
Followers 10
Posts 1374
Boards Moderated 0
Alias Born 01/27/2009

Re: r3543 post# 112411

Friday, 04/26/2013 7:47:53 AM

Friday, April 26, 2013 7:47:53 AM

Post# of 118202
Those are total hours for the quarter, however, we don't know how many weeks they were actually working. If they worked all 13 weeks, which is doubtful, it would be 4 man-hours per day. BUT if they worked 7 weeks, which is much more likely, that's 7.66 man-hours per day.

This is not a startup company, they are restarting the mine which ran last year.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.