Posted On: 11/24/2015 8:28:24 PM
Post# of 12259
Ah, so Joel specified in the CC that he wants to increase production to 700 tpd? At a 6 day a week work schedule, that comes to 10,080 grams per ton or around $347,760 in revenues per month from Ghana alone.
Within a 12-18 month time span, of 700 tpd and Ghana revenues alone - mngg is looking at between $4,173,120 - $6,259,680 in revs.
Granted, the approach Joel seems to be taking - says he will double that tpd quota to 1400 tpd or more, and if that were to occur - especially with chinese rental equipment, I could definitely see the company bringing in more revenues close to $695,520-$794,880 / monthly. In my opinion, I believe we could see this happen in june / july of 2016.
If keystone brings in $200,000 or more monthly, then I will wholeheartedly support your figure estimates. Based off the assay and CC back in Aug / Sep - I think we may be close.
Anyways, we can speculate what could or can happen, but what is really starting to show here - is that the company is on the verge of great profitability. It's only a matter of time before the PPS moves north. Very interesting times lay head, I definitely look forward to a prosperous future here!
$MNGG
imo
Within a 12-18 month time span, of 700 tpd and Ghana revenues alone - mngg is looking at between $4,173,120 - $6,259,680 in revs.
Granted, the approach Joel seems to be taking - says he will double that tpd quota to 1400 tpd or more, and if that were to occur - especially with chinese rental equipment, I could definitely see the company bringing in more revenues close to $695,520-$794,880 / monthly. In my opinion, I believe we could see this happen in june / july of 2016.
If keystone brings in $200,000 or more monthly, then I will wholeheartedly support your figure estimates. Based off the assay and CC back in Aug / Sep - I think we may be close.
Anyways, we can speculate what could or can happen, but what is really starting to show here - is that the company is on the verge of great profitability. It's only a matter of time before the PPS moves north. Very interesting times lay head, I definitely look forward to a prosperous future here!
$MNGG
imo
(0)
(0)
