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Magnetic North Acquisition Corp V.MNC

Alternate Symbol(s):  BKBLF | V.MNC.PR.A

Magnetic North Acquisition Corp. is a Canada-based investment and merchant banking company. The Company is focused on providing financial advice and services to companies in the clean power technology, oilfield services, consumer products, and technology (software and hardware) sectors. The Company invests and manages businesses on behalf of its shareholders.


TSXV:MNC - Post by User

Comment by ALTACRUDEon Jan 21, 2003 9:08pm
60 Views
Post# 5787040

RE: Am I the slowest guy in class

RE: Am I the slowest guy in classWalamc,I would expect BBS could generate enough cash flow in two years(based on calculations by Same2u) to show adequate equity for a lender to put up the balance for a Kaolin processing facility. Do not know what cash flow this would generate,however,considering a capital investment of $40,000,000 +/- you would need a minimum cash flow return of 15 to 20 percent,so that could add $8,000,000 added to quartz cash flow of $11,250,000 for total cash flow of close to $19,250,000 annaul. This will take five years to put in place and could generate more cash flow than that,however, I would expect that to be a minimum. In the interm what can we get for unprocessed Kaolin,anyone have any numbers.
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