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Technology Stocks : Xenolix Technologies (XTCI) 'Ecstasy'(Formerly MGAU) -- Ignore unavailable to you. Want to Upgrade?


To: Char who wrote (3475)4/22/1999 12:21:00 PM
From: Claude Cormier  Read Replies (2) | Respond to of 5143
 
<<I believe the pilot plant will be producing at 100TPW within a month or two. >>

Now that is some interesting news. This will probably cost between $500M and $1M, right ? Do they have the cash ?

Assuming the grade remains well above 1 opt, your estimate for annual revenus make sense... But what about the costs... Have they produced a cost schedule for a 100TPW operation ?

If they come out with the cash flows you mention within a year..I'll beleive. And I will probably not wait a year before I buy the stock.