RE:RE:RE:RE:RE:RE:Estimated cash flow from the proposed gold processing plantThis Bullboard is a good place to look for all feedback, comments and thoughts from everybody in all aspects. Thanks to the contributions from every one here, and every much appreciate that.
SuperMoney wrote: The next updates on the tolling plant construction is going to be released anytime from now on because it is scheduled to be completed in the end of March 2016. If the share price remains at 0.02 after being hit by the so-called share consolidation this morning, the next updates should drive the share price up. It is only my opinion, not a financial advice. Cheers.
Steve888 wrote: Gold futures rallied 2.7% in after-hours trading when the Federal Open Market Committee released its latest monetary policy statement and held interest rates steady. This is good for DRV in future. Steve888 wrote: Hi, Austrochris, I just want to top up your estimated cash flow after the Aguila Norte plant construction is completed at the end of March 2016. So, new investors could have some idea about the DRV’s tailing plant construction.
In addition, besides the large projected cash flow, DRV has also significant mining projects in Peru. Please see the March 2016 Exploration Portfolio at:
https://duranventuresinc.com/wp-content/uploads/2016/03/DRV_ExplorationPortfolio_March-2016.pdf
SuperMoney wrote: Austrochris, thanks for your correction. Totally agree with you. About $9 million cash flow is a great profit for DRV. Looking forward to see DRV heading up. Thanks again.
austrochris wrote:
Your check is wrong !!!
Duran is not processing the own ore . They had to buy it !!!!
With 15 gramm / ton and 90 recovery and 350 tons duran is processing about 54 000 ounces of gold.
That makes about 11 Million Dolar cash flow - 20 % = about 9 Million Dollar cash flow
( 200 Dollar / ounce )