RE: RE: NAG - Raw NumbersThe $58 a ton has already been reported --- in the NR that said the cost would be $40 per ton (as I recall) ... look it up ... the calculations aren't that hard to do ... they've already said how much they think they'll be mining per month ... the only problem is we don't know of other costs that they may incur ... so, roughly $18 per ton profit @ let's say 10,000 tons per month .......... 18 (profit) X 10,000 (tons) X 12 (months) = $2, 160, 000 (per year profit) .... Their gross revenues are by multiplying 58 (total price per ton) X 10,000 (tons per month) X 12 (months) = $6, 960,000 ...... NOT BAD from mine number 1 ........ with 3 more mines in Kentucky (most of it BLUE GEM COAL I believe) and W. Virginia mine ... for a total of 4 more potential mines .... revenue potentially is HUGE ...
The plans are to use the money to explore the huge land acquisition in Sask. .... .14 cents s/p?? come on ... if what NAG plans to do is successful .... .14 cents will look super super cheap in the not too long future IMO ....
Do your own DD ... spec, high risk stock we are talking about here ... but that's what makes the venture plays exciting ... gotta risk it to get the biscuit (ya, ya, ... I'm a movie buff) .... LOL ... Go NAG Go!!!