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Ares Strategic Mining Inc C.ARS

Alternate Symbol(s):  ARSMF

Ares Strategic Mining Inc. is a Canada-based junior mining Company. The Company is focusing on progressing its fluorspar projects towards exploitation, production and supplying metspar and acidspar to the markets. Its projects include Lost Sheep and Liard Fluorspar Property. Lost Sheep fluorspar mine is situated at the Spor Mountain area, Juab County, Utah, approximately 214 kilometers south-west of Salt Lake City. It consists approximately 67 claims spanning across 1,447-acre. The Liard Fluorspar Property is situated at highway access - Alaska highway. It consists over 55 mineral claims spanning across 55,000 acres. Jackpot Lake is situated at 39 miles north-east of Las Vegas. It consists of over 140 mineral claims comprising across 2,800 acres in Clark County, Nevada.


CSE:ARS - Post by User

Post by mingzhuon Dec 30, 2020 10:05am
246 Views
Post# 32196426

estimate of annual revenue

estimate of annual revenueoriginal plan
500 ton/day * $520 * 360 days =$93.500,000

now new product line lumps prce arranged from $250 to 500 for natual fluorspar lumps depending on purity. letd assume our processed lumps at $500, the  plan is to 7000/month * 500* 12 month=42,000,000. 
total$135,000,000 * gross margin 77%= $104,335,000.

This is going to be billion dollar company. 
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