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Monday's Mover



Monday's Mover > Group's Default Discussion > Here is mt best choice right now View modes: 
  • Here is mt best choice right now

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    4.5 stars

    Afterreading the latest Edgar filing by Tara Minerals, I have taken a stabat extrapolating potential revenues from the Don Ramon production/
    First caveats- all calculations are subject to the spot prices of theminerals being produced. Thus the spot prices of copper, Zink, lead,silver and gold and all other minerals in the production will affectthe net return of revenue. I am using conservative [under present spotprices] in my calculations-which hopefully will underestimate my finalresults. As well I am only including the Don Ramón group of ore body’sproduction. Tara minerals have multiple other potential mineral orebodies that hopefully will contribute both to the production possibleand to the life of the area.
    As well we know there is a majorgold property on the other side of the river that is not being used inproduction projections although a new gold body near the Don Ramon millIS available.
    Then there is always Murphy’s Law that can have stoppage in production.
    My calculations are based on 3 lines of separation after crushing asdelineated in the Edgar filing. Right now they apparently have 2 linesin operation with the third due in a month or so. Again I am basingproduction on having 9 production crews [i.e. 24 hours a day productionfrom the 3 lines] for 25 days a month. The 25 days are based on downtime to clean and refresh the equipment and employee holiday time.
    There are surely other matters that can effect production butapparently the demand for the final product is NOT of concern asChinese interests are interested in all production available.
    The initial months, of course will be at a lower level but within 3 months fill production should be achieved,
    I also give no value to Picachio and other unexplored but possibleacquisitions by the company .Plus the surprised introduction of apossible Fertilizer project.
    In spite of the above, myprojections are my own calculations so take them or leave them-timealone will prove how close I come.
    Each line will be capable ofprocessing 120 tons a day X 25 days a month = 300 tons per month X 3lines = 9000 tons per month.
    If all lines are dedicated to allminerals except gold I postulate a NET PROFI per month [after allexpenses paid] of $1 million dollars {us] a month.
    If one of thelines is dedicated to gold production alone, my estimate is that linewould produce a profit of $590,000.00us per month. Again, assuming thegold ore can be achieved at the levels present assays continue to beachieved.
    For Tara Minerals there are approx 40 million shares outstanding.
    Tara Gold holds an 82% interest in Tara Minerals. Tara gold has over 100 million shares outstanding.
    Depending on the multiple you place on the share value will determine where the shares will eventually trade.
    Hope the above wakens investors up and interested in any legit comments /criticisms.


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