GREY:RIVVF - Post by User
Post by
eebleron Apr 11, 2011 8:30am
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Post# 18412378
Almas Production Planning
Almas Production PlanningThere is a relatively new corporate presentation posted that incorporates facts about the new ball mill. They got it for 43 cents on the dollar and estimate that they saved about 5m in capex. As guessed, due to the ball mill capacity size considerations, they have dropped annual production estimates for Almas to the 55k-80k per year range. That will change the cashflow at Almas by a fairly significant amount, since initial plans were something more along the lines of 100k oz per year.
eebler