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is the initial production schedule based on the 50Tonne per-day operation, at 900$ gold that is 90,000 per month and it would take approximately 3 - 4 months to recoup the 250,000 to be paid to the other operator and wait for the 300 tonne per day mill to be activated.
It is good to see that they have the means to grow organically and fund expenses through small scale production. The company has a real chance to grow now that they are going to have revenue and the ability to prove up a large resource at Santa Maria through modern exploration techniques.
I like the news, bodes well for the future and all longs.
Good day for BHV
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