TSXV:MAE - Post Discussion
Post by
nozzpack on Jan 31, 2024 2:45pm
Ore Sorter Costs
One of my other gold stocks have ordered an ore sorter with an annual capacity of 125,000 tons per year.
I quote ..
"The immediate cash outlay is about 630,000 euros, and we are forecasting a further 250,000 euros to 300,000 euros for the importation costs and shipment from Poland to the Coringa site."
Thats about $1 million euros which is about $1.5 m in CAD.
We need about 450,000 tons capacity , so our total costs should be about $6 m.
We have those 97 m warrants at 7 cents to pay for that cost..
I
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