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Posted On: 12/16/2019 3:45:40 PM
Post# of 2062
You're**
Last update as to how much it takes to run the mine daily, was roughly $3k a day. Just operating costs, not counting the 18% the Mexican government takes off the top.
That's roughly $90k a month in operating expenses. Now, take into account that we have NOT been producing gold for the past month or two due to the rains; and you have a desperate need to pay off a loan with new investor money.
Last update as to how much it takes to run the mine daily, was roughly $3k a day. Just operating costs, not counting the 18% the Mexican government takes off the top.
That's roughly $90k a month in operating expenses. Now, take into account that we have NOT been producing gold for the past month or two due to the rains; and you have a desperate need to pay off a loan with new investor money.
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