Rogue Stone Operations As of July 31, 2020, Bobcaygeon had completed 9 months of operations and sales but remained in a preCommercial Production state through the 3 months Q1-2021.
Orillia completed 5 months of operations and sales but also remained in a pre-Commercial Production state through the Q1-2021.
During this pre-Commercial Production, Rogue Stone can report that:
During the 3 months Q1-2021:
Sold 5,409 tons of limestone,
for Sales Receipts of $444,680
Expenses directly related to those Sales Receipts totaled $225,756
Expenses related to Site Preparation and Rehabilitation totaled $59,202
Subsequent to Q1-2021, the Company had sales of 2,422 tons in August, for Sales Receipts of $206,951, averaging $85/ton for the month.
Importantly, the total sales of June-July-August were >6,600 tons allowing Rogue Stone to reach Commercial Production. This means that the Q2-2021 reporting will include Revenue and Cost of Goods Sold, etc. for the period September-October.