get ready for 10cents , page-57

My revised numbers now that Conrad is out of the way.

Assuming top end cost of $900 and current gold price of $1320 and bottom end of production of 20,000 oz per year, should be able to squeeze $4,200,000 cash profit for MAR. add another $1m in profit if we can do the unofficial figure of 25,000 oz and add another $1m ( for MAR) if we bring in the costs at $800. If we do 25,000 0z at a cost of $800/oz, we net $6.5m.

We should be pretty happy with the bottom end not to mention the top end. If the resource end is to stay like this, then cash will be king. No begging shareholders for money, pay off note holders.

This is going to be better than ok.

Flux