RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:$5 ?Littleveeks
The true action will be seen after the second larger stone tender is done. At that point if every goes well the company will have $150 Million dollars in the bank. That is my estimate.
$50M beginning of year + ist large stone sale $50M + $50M 2nd large stone sale estimate = $150M.
the cash flow from the small stone sale will pay for the bonuses paid out to staff 1st quarter + dividends declared and paid to June 30 + part payment of new equipment purchase.
I personally think that the stock after the 2nd large stone sale will be over $3.
the company needs another asset purchase close to the existing mine so the company has the mine purchase cost and not the cost of se