Sure opening a second plant I can consider that, but $50M to reopen the existing Wonawinta pit to get started? Seems completely wrong which is why I am wondering where this number came from. Haven't seen it in any of the other documents I read.
Thankfully silver will be much higher within next 2 months which is hopefully before anyone over at MKR starts getting crazy debt enhancing ideas on this second plant. With the much higher silver/gold prices they won't have to get into anything bad like they did last time. Just wait at least 3 months boys and they'll be paying you to get the loan.
MKR Price at posting:
40.0¢ Sentiment: Buy Disclosure: Held
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With the much higher silver/gold prices they won't have to get into anything bad like they did last time. Just wait at least 3 months boys and they'll be paying you to get the loan.
(20min delay)