I was pondering ....... the revenue from full production once Nag reaches their longer-term forecast of 1,000,000 tons of coal. Now, if
a large portion of that volume is derived from blue gem seams, then when you look at the price for the blue gem of currently $130 per ton, the revenue would be more equivalent to a production level of, say perhaps 1.5 million tons because Nag would be making double the monies per ton of say thermal type coal. With that in mind though, they would still only have the production costs of pulling 1 million tons out but the revenue of more equilvalent to 1.5 or perhaps greater.
So, folks, even though I personally am not expecting or anticipating any revenue gains in the last quarter for this company, the future projections for revenue are outstanding to say the least. We should have no problems in the next couple of months in seeing significant gains in our share price as those future financials become due.
Just a thought I had on my way home tonite. Would certainly appreciate your views on this thought.