Revenues--2nd ship Loreto left Aug 7,2011 w 36002
Post# of 8054
Revenues--2nd ship Loreto left Aug 7,2011 w 36002 tons at ca 170/ton
Revenues from it funded 1st of a new series of deep drilling programs as noted by Sept 29 PR,
acquisition of Cat 365-loads 43.5 ton Cat 740 haulers=cost new would probably be 800k to 1 million
acquisition of Cat 375-rebuilt -cost new would be 1 million(grajekk)
ripper bucket for cat 375
a 2nd Cat 740 hauler-cost new would be 800k(grajekk)
a 2nd water truck
and possibly more dozers etc
as u can see almost all money was going to pay off debt and buy new equipment-millions in equipment
the cat 365 and 375 alone have 14 cu ft capacity- cf to original excavators total capacity of 4-6 cu yards-still used- mostly as hydraulic hammers now as per pics
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