Well, that 78,000 carat figure is in the future perhaps two years. The are currently producing at a rate of 1600 cubic metres per day and may have produced diamonds @ 439 dollars per carat. At present it appears they are generating and actual 8000 Carats per year from 600,000 cubic metres production. This is all I can surmise from their present sales figures. If their production figure are indeed 19,200 and IF the carats mined all are carats at the present sale rate per carat, then it may be projected, knowing the costs, debt services, share outs and taxes what they may earn 2 years from now, after the second plant expansion is installed.
At this rate right now by their sales figures, that is US $3,624,000.00 dollars per year for the two companies. For this year's gross revenues we speculate, Etruscan may receive US $1,812,192.00 before costs, royalties, debt repayment and taxes.
This news refers to projected earnings which are definitely not net, but shared with Mountain Lake. These are cash flows which are also subject to costs, taxes, shareouts, and royalties. These are all unkown amounts.
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