RE:RE:New Press Release - Newlox Gold Files Q1 and Q2 Financial StatementsRamp up? Looks more like a ramp down. I'm guessing the entire process is built on the flawed logic that plenty of free shared profit feedstock was available, when in reality it isn't and won't be. Moving forward, the costs associated with obtaining suitable gold rich material to feed the plant will outweigh the benefits of processing it. The stationary aspect of the plant(s) itself is one of the main reasons why they'll never make money. Not enough economical material available to run and turn a profit. Not rocket science. Hence why I was able to figure it out....lol. There's a reason on 'Gold Rush' all those plants are portable and take only days to move. All just my opinion of course.
lscfa wrote: How-t-f can they start a 2nd plant May 28 and have lower revenues in Sept qtr? These bozos are not telling us the whole story.
| Qtr ending | Revenue | Gross profit | Gross margin | Royalty payment | Margin - royalty | Net income (loss) | Cash flow ops |
| Sep 24 | 395,527 | 139,812 | 35.3% | 13,834 | 31.9% | (845,068) | (320,522) |
| Jun 24 | 479,381 | 127,683 | 26.6% | 16,759 | 23.1% | (834,343) | (331,615) |
| Mar 24 | 394,898 | 37,320 | 9.5% | 49,357 | (3.0%) | (2,691,064) | (378,423) |
| Dec 23 | 526,132 | 161,437 | 30.7% | 75,892 | 16.3% | (1,208,403) | (324,762) |
| Sep 23 | 662,763 | 240,753 | 36.3% | 103,897 | 20.6% | (376,688) | (353,178) |
| Jun 23 | 1,209,752 | 960,521 | 79.4% | 239,939 | 59.6% | 72,292 | 425,607 |
| Mar 23 | 1,077,008 | 849,380 | 78.9% | 247,923 | 55.8% | (1,590,517) | 144,944 |
| Dec 22 | 808,596 | 644,489 | 79.7% | 131,860 | 63.4% | 35,655 | 65,682 |
| Sep 22 | 867,942 | 656,202 | 75.6% | 228,569 | 49.3% | (347,614) | (178,008) |
| Jun 22 | 718,560 | 468,821 | 65.2% | 152,076 | 44.1% | (368,761) | (147,471) |
| Mar 22 | 711,019 | 376,819 | 53.0% | 176,707 | 28.1% | (955,776) | 56,421 |
| Dec 21 | 784,419 | 658,210 | 83.9% | 124,016 | 68.1% | (158,549) | 69,913 |
| Sep 21 | 319,780 | 222,316 | 69.5% | 100,943 | 38.0% | (567,323) | (413,749) |
| Jun 21 | 266,298 | 202,711 | 76.1% | 57,154 | 54.7% | (321,506) | (170,584) |