Ruby Creek Resources Inc RBYC

old and new projections

[jonggua]

Slavik and Johann Coatzee had forecast the first 3 trommels to have 133 m3/hr capacity, followed by another mobile 200 m3/hr new trommel Coatzee was gonna oversee building this year, followed by a 2014 ready 667 m3/hr stationary unit that would have it's sand brought to it. The last capital raise was thought to have been enough to get the original 3 trommels all up and running by now, with the cash flow paying for all the other new toys. however, the closing of the gold standard buy was terribly delayed and cash is running low.

Now it is only 40-60 m3/hr available from these first 3 trommels with our existing equipment. I am not exactly sure how much limitation is from trommels and how much is from earth moving equipment capacity restraints and repairs, but I believe it is some of both. 

If we can get significant financing we should be fine, we only need one more trommel of 40+ m3/hr to get us over the profitability hump (at a presumed .5 g/m3), and then we can reinvest profits and grow capacity going forward.