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Re: Arcade314 post# 17551

Tuesday, 05/21/2013 10:09:09 PM

Tuesday, May 21, 2013 10:09:09 PM

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Your calculations seem reasonable but your estimate doesn't correlate well with FLPC's projected revenue based on their March 12 PR. FLPC have a 40.5% net interest in this mine. What am I missing between your estimate and the revenue projection stated below?

"FLPC current projections indicate that in the first 12 months of full production, Fencemaker operations will contribute approximately $7.2 million of top line revenues to the Company".
http://www.firstlibertypower.com/investors/corporate-news/


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