InvestorsHub Logo
icon url

BBANBOB

12/01/14 10:02 AM

#61447 RE: Starlost #61444

WOW PITT I guess that turkey settled well with you, you almost sound enthused
icon url

Be wary

12/01/14 10:04 AM

#61448 RE: Starlost #61444

Don't you think that fencemakers running costs of $25,000 (the companies own figure, not mine) per week will take some balancing against profits? I make that in the region of $1.2 million per annum and I'm not sure that we know what level of staffing and production that figure relates to.

Added to that the ongoing dilution, big leases, debts, consultancy and accounting fees, transport costs from mine to mill etc. etc. and a big mountain is building which has to be climbed.

The aggregates, if they ever get going, won't bring massive returns even if high volumes are obtained unfortunately.

Hopefully this isn't deemed "off topic", I can't see how anything could realistically be more "on topic".