Just reading over the past few announcements about ERL.
All debts to Blue Cap Mining are to be paid by 28th April 2018. (15th Feb announced)
My calculations from previous announcements for gold produced.
Column 1 Column 2 Column 3 0 Dates Ounces Estimated cash (60%) 1 12th October 1500 2 million 2 7th December 1800 2.8 million (missing money?) 3 21st December 4200 7 million 4 26th March 4906 8.5 million 5 24th April 2500 (to date)
18,000t outstanding
10 million (estimate) 6 Total 12,400oz + (6500) 20.3 million + (10 million)
Tomorrow I feel is a big day IMO
DYOR
Ann: Pennys Find Gold Mine -High Gold Grades in Fourth Campaign, page-14
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