If the origional production estamates are correct
Post# of 12259
Posted On: 11/24/2015 7:11:53 PM
Re: smartmoney #10233
If the origional production estamates are correct or were on the conservative side for Ghana, then within that 12-18 months we should see most of the $12,000,000 - $16,000,000 in revenues. Your stock price could be quite low.
Share structure will need to change. Much back and forth today with good opinions on share structure needs to be. I agree with the company that we need to be below 1 billion shares. That would get us in front of interested eyes and deeper pockets. The smaller the share structure the better we look to the investment community in general. There is no need to dilute because cash flow will be good. Investors will be looking for a piece of the growing pie, not trying to extort shares for funds like most .0001 stocks. Not MNGG.
MNGG wants to crank production numbers quickly because we're on the gold. Unless I misunderstood, I believe he's wanting 700 tons of material a day?
MNGG will be going to get the 3 new excavators to move more material. I believe during January.
Share structure will need to change. Much back and forth today with good opinions on share structure needs to be. I agree with the company that we need to be below 1 billion shares. That would get us in front of interested eyes and deeper pockets. The smaller the share structure the better we look to the investment community in general. There is no need to dilute because cash flow will be good. Investors will be looking for a piece of the growing pie, not trying to extort shares for funds like most .0001 stocks. Not MNGG.
MNGG wants to crank production numbers quickly because we're on the gold. Unless I misunderstood, I believe he's wanting 700 tons of material a day?
MNGG will be going to get the 3 new excavators to move more material. I believe during January.
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