RE:Great interview from CRUX investors with Segun Lawson
Here by those MAGIC words said and key points discussed in the Interview (please excuse my English) :
1) Ramping up to commercial production within the next 6 weeks and not 3 to 6 months like was assumed by the interviewer. They already started 24h work shifts, and will start to treat the better material with more density, and with the best technique the mine was designed and created for.
2) Results in August of the drilling assays in Senegal, which is potentially a bigger mine than Segolia and which will be financed organically from profits generated by Segolia.
3) Solid cash on hand position (15M$) actually, and growing with the start of the production.
4) The company WILL BE a DIVIDEND PAYOR, in the same time it will build its second mine.
5) Segun consider that there is SO much to discover in terms of ressources underneath the actual mining site, as they've done so little of drilling at surface compared to the mineral that reside underneath.
They compare their model to Roxgold that did the same strategy....
Hold on to your seats gents ! This thing will go balistic !
GLTYA
Goldenboy