Post by
philway on Sep 21, 2015 10:37am
They need $100 million more for Ana Paula/plant to storage
Timmins Gold estimates the remaining pre-production capital required for Ana Paula to be approximately US$100 million. This estimate will continue to be refined as the Company works towards completing its feasibility study over the next year. Timmins Gold plans to immediately begin the dismantling of the plant and its transport to a storage/staging facility. (Based on $1200) at a gold price of US$1,200 per ounce
Comment by
Goldhound3 on Sep 21, 2015 11:32am
How many more years will it be before gold gets back over 1300