Replies to post #18816 on Sunergy, Inc. (fka SNEY)

[MrMan111]

Wait...

50,000 a day at 5 days a week = 250,000 time 50 weeks 12500000000
divide shares by that
540 million / 1250000000
46 PPS


correct me if I am wrong

[zombie1]

$50,000/day x 365=18,250,000/year? divind for OS right now, it seem like not a right # for me. Please correct me if I am wrong

[Biochemist2002]

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

[Rothstein]

I had not read it yet, great post, very informative.

[Fangster]

Should the black sands amount be $144,000 daily? 18 tons at $8,000 = 144,000.

[cobra_fanatic]

Dagg, I think your math gets a little fuzzy on this one, but in a good way. 1.8 tons isn't 36,000 pounds of black sand, it's 3600. But at the same time, an easier way to look at this since 100 pounds of black sand is supposed to be recovered for every ton processed we can just call the black sand 5% of the tonnage processed. 100/2000=.05 So......

If you process 1800 Tons (short tons)...then 5% of that is 90 tons. 90 tons of black sand is worth $720,000 at their latest valuation of the sand. ($8000 a ton) Add that to your gold number and the totals seem astronomical. Although I've ran the numbers you posted and my own numbers, it still seems hard to fathom that I'm coming up with nearly $800,000 a day in revenue.

Someone please correct me if I'm insane....PLEASE!!! GLTA longs!

lets dissect this a bit further...we dont know if they are referring to short ton or long ton so lets use short at 2000 pounds per ton...
now we know they plan on processing 1800 tons of material per day for all 3 dredges...or 3.6 million pounds if they are estimating 100 pounds of black sand per ton that would equate to 1.8 tons or 36,000 lbs of black sand per day at $8,000 per ton of black sand that would equate to $14,400 worth of black sand per day

add this to the already estimated gold recovery numbers of 1 gram of gold per ton 1800 grams divide by 31.1 to convert to ounces equates to 57.8 ounces of gold daily multiply by $1400.00 per ounce equals $81,000 per day in gold recovery

$81K gold + $14,400 in black sands= $95,000 in goods processed daily...which is reasonably close to estimates of $100,000 per day

now even if we operate at half of that production we still would be close to $50,000 per day! This is what we need to stay focused on not the charts and day to day tenths of a penny because when these numbers are officially announced lookout!