RE:They need $100 million more for Ana Paula/plant to storage Your looking at years more here, and if gold recovers beyond $1200. it would be another money losing operation.
Timmins Gold estimates the remaining pre-production capital required for Ana Paula to be approximately US$100 million. This estimate will continue to be refined as the Company works towards completing its feasibility study over the next year. Timmins Gold plans to immediately begin the dismantling of the plant and its transport to a storage/staging facility. (Based on $1200) at a gold price of US$1,200 per ounce
Read more at https://www.stockhouse.com/companies/bullboard/t.tmm/timmins-gold-corp#AtsTU5BSbR78UfWV.99