Cameo Industries Corp - Ordinary Shares V.CRU

financials on Nalunaq...?

[Deeg88]

Northern Miner (June01) article stated US$20M in capital is required for infrastructure. Joergen mentioned in a previous post that Crew has already spent $35M and needs another $25M for Nalunaq. (Correct me if I misquoted.) Assuming that all the above is in US$, why has the capital cost gone up??? 148,000 oz. at cost of $160/oz was also stated in Northern Miner article as a possible plan. If gold sells at $300/oz this year, the gross margin would be over $20,000,000. Fill me in if I'm mistaken here... what other costs have I missed? Assuming this is correct, then this would bring 16 cents/share in cash flow, wouldn't it? Please excuse my simplicity if I'm off target. Comments? Cheers. FJD