Pobrdje MineSasky/Critical
What amount would the Pobrdje mine generate towards Erin's share value if deposit awarded by Mining Ministry to Balkan Gold?
Supposedly there is a 4 year supply of colemanite to mine at 30,000tonnes /year, which would generate about $1M/month in revenue at colemanite sale price of $400/tonne.
If the balance of the deposit at Pobrdje is awarded to Erin to mine, would this increase the stock price by $1/share, $2/share? What is your take on this?
Bottom line, this will generate quick, easy cashflow and a spike in Erin's stock price.
(bb-99)