OTCPK:ASLRF - Post by User
Post by
martinboyon May 24, 2010 4:44pm
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Post# 17126815
500 tpd .. not much ? Arian Mini profit ?
500 tpd .. not much ? Arian Mini profit ?Reading again and again .. but what does this REALLY mean:
...
The Company anticipates the initial 500 tpd contract mining and toll milling operation to
commence during Q2 of 2010 and will generate positive cash flows during the second half of
2010.
...
500 tpd does NOT sound a lot.
Does it generate profit at all ?
I have not seen any predictions on production figures (maybe just missed it out) ?
What if they start with "low grade ore" - would have then no meainingful profit in the Q3 2010 .. imo.
Any thoughts on it ?