Welcome To The Zaruma Resources HUB On AGORACOM
Copper and Gold Mining is our Business.
Hub Controls
  • Demo Video
  • Upload Photo
  • Edit Company Profile
  • Add a Link
  • Update Fast Facts
  • Add Management Bios
  • Private Messages
  • Edit My Profile
  • View/Edit My Portfolio
Zaruma Resources > Message
Canadagold

Re: ZMR is ready to fly by September 2008

Posted by: sasa on May 24, 2008 06:59AM

In response to: ZMR is ready to fly by Sept... by sasa

Reference:

1st Quarter Report 2008 Management's Discussion and Analysis



Based on an expected cash cost of production of $1.40 per pound and current prices of approximately $3.40 for 2009 delivered copper and $3.15 for 2010 deliveries, the operating net cash flow projected at a production rate of 15 million pounds per year suggests the possibility for a very rapid repayment of invested capital.
The Company may enter into contracts for sales of future production in order to fix the price for future deliveries to be made in the first two years of production.

Post a Reply

Please login to reply to this message.

President's D.D.
Activity for the six months ended June 30, 2008. read more
Hub Leaders