OTCPK:MEAOD - Post by User
Comment by
JRaffleson Mar 06, 2013 12:34pm
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Post# 21087873
RE: RE: LET'SDO SOME UPDATED MATH
RE: RE: LET'SDO SOME UPDATED MATH 3 months at 3000 oz = 9000 oz x 0.8 (SSL obligation) = 7200 oz
Using February as a typical month is misleading - as it is only 28 days
3000 x 31/28 = 3321 ounces for a 31 day month at the same production rate as February.
321 ounces ~ $0.5m + in 31 day months