RE:RE:Orvana undervalued greendayyyy,
Unfortunately, some posters here don't recognize a "genius" plan even if it hits them in the face!
The Don Mario Oxide stockpile project generates $178.51 USD in operating cash flow per ton of ore processed, so at 2000 metric tons per day, theat adds up to about $357,000 USD per day.
By ramping up the throughput from 2000 tpd to 7000 tpd, the Don Mario Tailings Recovery Project (TRP) generates $50.42 per ton of ore, or about $353,000 USD per day. The genius part of this project design is that quarterly revenue at current metal prices stays constant at $48 million USD per calendar quarter, while after tax profit stays constant at about $17 million USD per calendar quarter in the transition from the OSP to the TRP.
Over an 8 year combined project life, at current metal prices $1800 USD per ounce of gold, $26 USD per ounce of silver, $1.65 USD per pound of zinc, and $4.40 USD per pound of copper, the project generates $1536 million USD in revenue, and $544 million USD in after tax profit.
How many miners have the ability to invest $40 million USD in infrastructure upgrades, and get that kind of return?
ganndolph