:0)
today i must work to close out our tasmania gold-silver tailings processing project's financial proforma, and clip / paste certain summary tabulations and charts into the presentation deck.
we already own the project and all associated infrastructure, as well as the processing facility for base metal mining of the project's previous life, a lead and zinc mine and mill.
we need to build a gold processing facility and fund working capital to give the project new life, and the raise would be in the neighborhood of 6-7 3,500-sft hong kong ocean-view apartments.
the base metal mine and processing facility has a value of 30 3,500-sft hong kong ocean view apartment, but we do not care for base metals, because base is not noble, strategic, antiseptic or russian.
the tailings pond contains a jorc-ed (bankable) resource of 800k+ oz of au, 32m oz of ag, plus bothersome copper, all in the form of 10m tonnes of fine powder tailings left over post base metal extraction. the in situ metal value is ~300 3,500 hong kong ocean-view apartments.
we bought the project and its tailings pond, dredge-standing-by, piping-ready, for 1 3,500-sft hong kong ocean view apartment.
the cash processing cost of the tailings would be ridiculously inexpensive, because we do not need to mine, crush, load, truck, unload, and mill. we just need to dredge, vacuum, pump, pipe, and apply the albion protocol.
the entire operation shall need 25 folks to operate, and the environment they shall spend their time in is absolutely gorgeous.
after we are done, the tailing dam itself would be worth 6 3,500 sft hong kong ocean-view apartment to any of the base metal mines nearby, and we can still sell the base metal mine and mill for money assuming the world at that time still needs lead and zinc, and assuming we do not find any gold resource in the interim.
it would take us 10-11 years to get 85-92% of the gold and silver out of the powder, and it should take us 2-3 years to unload the project at premium to anyone wishing to run a tailings project that is then already in production, say 50-100 3,500-sft hong kong ocean-viewing apartments.
doing his work, cleaning up the environment of dirty tailings, and offering salvation in the form of goodness measured by the oz.
and should 3,500-sft hong kong ocean-viewing apartments drop by 50% in worth in the interim, all the better. |
