re:fin review 150 million surplus per year
Article in weekend AFR - BSG (Peter Nightingale) says:
1) gold will pay all of the mine's operating costs
2) Palmarejo project "forecast to produce an operating surplus of $US110 million a year, equivalent to almost 40 cents a share".
3) mining permit expected in May or June this year, with production scheduled for the middle of next year.
....perhaps that is why my mule has been in such a good mood today.....or maybe it was just the tequila...
Cheers
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