RE: RE: RE: RE: Whatever HappensLe... Here are the ROM (run of mill) figures. These are from an earlier post of mine and are from an NR .....Richard
Remember:
"These ROM pad resources will allow the Company to achieve the presently budgeted throughput of 3,300 tons per day. Upon recommencement of milling it is sufficient to produce at the rate of at least 2,000 ounces of gold per week for the next nine months at a cost per ounce of approximately USD $300. "
I also added: Gold closed today on the spot market in the $1150USD range.....and that is a nice closing for a quiet week.....next week it could get wild....a lot of short bullion dealers have to close out their existing accounts for the end of the month.....so gold could have an interesting ride north.
The above at $1150 gold....is worth apprx. 621 million dollars....
That's just the gold ore sitting on the ROM pad....so if it's cash they need....it's sitting there