Post by
psych01 on Apr 09, 2018 10:18am
Mill expansion
Does anyone know the approximate cost of expanding Bachelor---which was also mentioned in the News Realease. Could it be in the tens of $millions? I forsee a PP in the near future and will wait before coming in, Moroy or not. IMO
Comment by
BASTILLEDAY4U on Apr 09, 2018 10:31am
good news but last thing you need is another pp. shareholders should be reaping some reward instead of the e.s. group of companies.
Comment by
lccommoner on Apr 09, 2018 11:47am
Psycho1: Read the Investor Presentation. The mill expansion from 800tpd to 1200tpd is ~$4M. There is enough money in the bank to pay for this. If you want to leverage your money, the $4M will pay for itself multiple, multiple times. Sincerely, Lccommoner