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Cline Mining Corporation T.CMK



TSX:CMK - Post by User

Comment by cooper90on Feb 29, 2012 3:39pm
273 Views
Post# 19606701

RE: RE: Frustrating

RE: RE: Frustrating

This is the math I see if spending (including operating & captial expenditures are 175M)

$140 x 1,700,000 tons = $238,000,000 

Cash on-hand = $58,000,000

Credit Line = $50,000,000

Total = 238+58+50 = $346,000,000

Less $175,000,000 (346-175) = $171,000,000 gross profit

 

 

 

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