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Bullboard - Stock Discussion Forum Esperanza Resources Corp V.EPZ

Metals & Mining Gold

TSXV:EPZ - Post Discussion

Esperanza Resources Corp > cerro jumil 80% funded
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Post by Teatimenow on Feb 25, 2013 12:25pm

cerro jumil 80% funded

cash(eq)  post transaction: 75million + 15million credit line with PAA = 90million

initial capex = 114million

Royalty on Silver Standards San Luis, starts paying 2014 approx 1.5million $ per annum (enough for G&A)

They could also decide to first put La Balosa into production and then fund cerro jumil inernally...very interesting

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