GREY:VITFF - Post by User
Post by
PulpCutteron Oct 30, 2019 5:28pm
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Post# 30288895
So, 3 pours on video so far? I realize VIT NR'd (Oct 9)
So, 3 pours on video so far? I realize VIT NR'd (Oct 9)that they'd be shipping dore weekly, just trying to learn what I can about the rate, given the absence of any further guidance. The pours were those posted 9/17 2.5 trays including slag (Yukon premier Silver), then 10/3 3.5 trays including slag (Cormack analyst Gray), then most-recently the 10/17 still labelled "Pouring Never Gets Boring" 4.5 trays including slag. Sound correct? Assuming we're generating 4.5 trays every two weeks, tha half is dore, and that each bar is 83% gold, yields 933 ounces/week, or a revenue rate of $1.3M US/week and $17M/qtr. Obviously, the generation may be conservative, but I am trying to put a lower bound on revenues. Please post any comments.