RE: RE: Additonal Discussion: Financials are outI may be wrong [hard to believe,I know} But my understanding is that only Mine #1 was being mined by another company for NAG and a fixed profit had been agreed to by the end user. It is also possible that the mine that originally called mine #2 [ but is no longer to be called that] once permitted may be covered by the original agreement as mine #1.- hope that isn't too complicated.
The mines that will be using "high wall" technology , I believe NAG has not yet determined whether they will sub contract production.
Also understand that the third auger is now working Mine #1.
The financial report covered only to the end of Dec 31, 2009. I have not seen any announcement re first quarter of 1010 revenue stream. But would caveat that much of first quarter was also unfortunately affected adversely by unusually snow conditions.