RE:RE:RE:Estimated cash flow from the proposed gold processing plantAustrochris, thanks very much for your estimation. In terms of the ~$9 million cash flow, what will be the potential range of the share price once the tailing plant completion at the end of March 2016. I am new here. Thanks again in advance.
SuperMoney wrote: Austrochris, thanks for your correction. Totally agree with you. About $9 million cash flow is a great profit for DRV. Looking forward to see DRV heading up. Thanks again.
austrochris wrote:
Your check is wrong !!!
Duran is not processing the own ore . They had to buy it !!!!
With 15 gramm / ton and 90 recovery and 350 tons duran is processing about 54 000 ounces of gold.
That makes about 11 Million Dolar cash flow - 20 % = about 9 Million Dollar cash flow
( 200 Dollar / ounce )