hello 2mar$,
(i) for all the reasons you would know, we the comrades have committed together as buddies of close-enough mind to jointly engage with a working mill near where Maurice Mq lives.
we are to mine for oxide gold ore, whatever oxide means, using basically dozers, loaders, and trucks (like those models i recently bought for jack, or so i understand).
for my part i must learn the difference between 'ore' and 'oar', and study the similarities between 'gold' and 'bold'.
the german operator/vendor provides 37.5% financing for 12 months, with 37.5% of the shares as security.
(ii) we are led by a name-brand and well-to-do geologist known by much of the mining world, and ceo-ed by a honest expert miner, a rare combo i am to understand.
(iii) the engagement is material, and so i shall have to devote time to the matter, and learn along the way by reading and asking questions.
(iv) the idea firstly is to extract oxide ore from our own tenements (am learning new terms, never a boring moment). our own proven mineable reserve should last a bit more than 2 years at gold pricing of 1,500 when we struck the deal. our cost is 800 or there abouts depending on how astute we might be.
(v) our one-years-young and well maintained german mill, all licensed, hooked up to the grid, and debugged, and having produced a whole lot of ounces last year plus a bunch of silver credit not figured into our proforma, is the only fortunate mill w/i a circle of 700 km radius of enough oxide ore arena
so we also mean and nasty to high-grade supplicants at our gate, as would perhaps a friendly but feudal lord, judge relative weighty merits, and engage with rocks of such worthy supplicants who otherwise cannot possibly afford to build their own mill even as they have quite a bit of gold.
we aim to acquire worthy rocks at $20/ton or some such market price within our domain (a/k/a our market), and split the profit 50/50, as in 60 to us and 40 to them, all depending on how busy we are. iow, we shall be the market maker, because we mean to be the market enabler.
(vi) the venture shall distribute 50% of the profit each year of the first two years, and reinvest the rest of the two-years' profit into expansion, to construct a sulfide gold ore processing facility, whatever that 'sulfide' word may mean.
(vii) once we complete the sulfide ore processing facility, we shall exploit our own tenements and exploit those of our neighbors, as we shall continue to do same w/ the oxide stuff.
(viii) we have some inkling ideas already of real live korean, eager chinese, and polite japanese buyers of our intended and uncomplicated output (98% purity bricks). the refiners would bring the 98% to 9999 and use such to save souls.
(ix) the project would take away enough of my leveraging capacities even as it shall extend my capabilities, and i am hoping not by any hard ways. i like soft. gold is supposed to be soft.
(x) the objective is to use proceeds of doing god's work, saving souls, to enable own salvation. i am very enthusiastic, and am thankful to have the opportunity to serve and hope to receive, so that i may get more cement on freedom home island.
(xi) the wish is that we can turn the effort into a bit more than simply obtaining bricks from downunder then mortar on home island, and build a sustainable biz of enabling trapped, orphaned, and otherwise abandoned redemption efforts of our neighbors so that we as a group can save souls
(xii) i believe all a worthy exercise in rebellion against mutual assured destruction mad charlatan professor helicopter ben burn-n-kaput nanke.
please wish us the best of luck, as we the comrades shall need such. we dot the i's and cross the t's and exercise our option today, dispatch our standing-by troops overnight, deploy to secure the mill facility tomorrow first dawn, take the keys from the germans, and action to start the refining machinery w/i 90 days.
for the rebellion, tout ou rien
tj |
