TSXV:TVC.H - Post by User
Comment by
nickbillfishon May 04, 2022 2:31pm
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Post# 34655873
RE:RE:RE:RE:TVC profitability and payback
RE:RE:RE:RE:TVC profitability and payback
Iamjaygee wrote: They are bottlenecked by their milling capacity. Which is only 5500 tons. And back to your 18 million in profits per quarter and paying off their debt in 1.5 years.... That's simply impossible
https://threevalleycopper.com/
I can't debate you any further your not posting truth either.
Refer to the website, scroll down 1/2 way, that's what they state. 24 Million lbs avg of copper not including 3rd party ore.
The cathode plant has capacity to produce 18,000 tonnes of copper which is 40.7 Million lbs.
the long term debt was converted to current liabilities as they are in default. Wait till mid month the blasting will be done by 3rd week. Should know by then want the lenders will do.
Yes profit if they are netting $2.50/lb after expenses . They won't pay income tax, so it will go to pay down debt. They were estimating a NPV of $300M.