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  4. Mexus Gold US (MXSG) Message Board

I need to correct my own math from the prior messa

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Post# of 2064
(Total Views: 236)
Posted On: 10/06/2019 9:33:45 PM
Posted By: Megashear
Re: Megashear #631
I need to correct my own math from the prior message...i made an error in going from daily to annual production. 33 oz per day at 365 days a year yields about 12,000 oz per year -- good but not the figure I cited of 35K per year.

Will take a considerable ramp up of both ore loading and MC processing to go to that 50K. We have a realistic chance of reaching that number but that may take a year and realize there are always unexpected events in mining. If we can beat the 11x figure I used then good things happen sooner. Sorry for the recalculation but didn't want to let my error stand. This Board allows editing a post for a short time but not forever.

The mine will evolve with time and cash flow.

rjw/mkc



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