Production valuesWe know,when we bought Don Ramon Rich estimated the ore at $900 a ton.With the great commodity decline of 2008,that value dropped to near $300.We do know,commodities are worth a lot more now than at the worst in 2008.
Then we need a production estimate.300 ton a day seems a good starting place.
In simple terms,if TARM cleared $500,000 a month,that would be great. $6 million a year suits me. However,all the numbers suggest at least double.What a change that would make to TARM's profile,and to TRGD.
The other consideration for the patient: once TARM is consistently banking and stockpiling money,I do not think Pilar de Loudes or Centenario will sit growing wild daisies.They too offer surface mining.Rich might also consider much more detailed analysis of our properties and their resources.
Nice to see you back Oilminer.