GREY:RNKLF - Post by User
Post by
Farquaron Feb 20, 2020 8:46am
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Post# 30711985
Cash flow for first quarter
Cash flow for first quarterIf they produce 7500 ounces per month x 3 months= 21500 ounces If they are getting and will continue to get , on average another $50 US , for each ounce sold, then their cash flow will have increased by 21500 x 50$ = 1,075,000 US$ which is a little over $ 1,400,000 Canadian dollars..These are just conservative estimates..but the financials for this company keep improving...the market will have to re-value RNX sooner than later..