5/20/12 BP Newsletter: Pacing Your Investments, Increasing Profits, & Speeding Up New Deal Screenings
Hide thisThursday, February 10
Conservative estimates (Geological Evaluation) over 1.8MM oz of gold, not including various other precious metals.
Low MONTHLY projections estimate gross revenue of $11 Million.
Lender can expect to earn 4-5% of monthly GROSS for 5 years.
Total return on investment will be at least $30 Million over this 5 year period up to $45 Million.
We need a $3.55M bridge loan to do a couple different things; about 2/3rds of the funds will be used to purchase equipment for processing, another part will be set aside for taking the company public (IPO), and the remainder used for operating capital.
In addition to mining, we have contract in place for milling. Showing projections of net revenue by month 2. Mining estimated to begin in month 4 after loan funds.