Good news - it's not production but apparently, Pa
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Posted On: 09/24/2018 10:48:46 AM
Good news - it's not production but apparently, Paul now feels the 43-101 style report is a necessary step in order to secure a legitimate JV partner - maybe he has one lined up pending a successful 43-101 assessment.
It could mean a long road to production if a partner wants to do it right - do more drilling, develop an well-engineered mine plan, construct a totally new processing plant and take it step by step by step - 18 months and big investment by the partner with no quick revenue for Mexus but it would put us on a path to revenue and share price would run up - limited by the very high number of shares outstanding over 800 milliion. We're a long way from any of that -- but this is a step in that direction.
Not sure what Mexus does for cash in the coming year? Mexus needs to pare down its burn rate drastically from the current level CEO we won't.
Not there but I hope closer to there. Anyway, it gives a mood lift after a long downer period watching share price go below a penny. Currently, 9 30 am CDT 0.0135.
BUY SELL L-- what're you doing today? . I bought a few shares.
It could mean a long road to production if a partner wants to do it right - do more drilling, develop an well-engineered mine plan, construct a totally new processing plant and take it step by step by step - 18 months and big investment by the partner with no quick revenue for Mexus but it would put us on a path to revenue and share price would run up - limited by the very high number of shares outstanding over 800 milliion. We're a long way from any of that -- but this is a step in that direction.
Not sure what Mexus does for cash in the coming year? Mexus needs to pare down its burn rate drastically from the current level CEO we won't.
Not there but I hope closer to there. Anyway, it gives a mood lift after a long downer period watching share price go below a penny. Currently, 9 30 am CDT 0.0135.
BUY SELL L-- what're you doing today? . I bought a few shares.
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