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The following is the complete mineral exploration, development, and extraction history of Taiyuinbyo Minerals Inc. Early in 2019, investors invested $45 million to start the
The following is the complete mineral exploration, development, and extraction history of Taiyuinbyo Minerals Inc. Early in 2019, investors invested $45 million to start the company. No further or other financing was required. The company started explorations in 2019. However, all exploration efforts between 2019 and 2021 were unsuccessful. It was not until early in 2022 that Taiyuinbyo found its one and only viable mineral deposit, which it immediately began to develop. It took two years to complete development of the site and all the minerals were extracted in three years, starting in 2024. (Click the icon to view the mineral exploration, development, and extraction history.) Required Begin by completing the table for 2019 to 2021. Next, enter the amounts for 2022 and 2023. Then, complete the table by entering in the amounts for 2024 to 2026. (Enter all amounts in thousands. Enter a "0" for any zero-balances, and use a minus sign or parentheses for a retained deficit or a loss.) 2019 2020 2021 2022 2023 2024 2025 2026 Cash Mineral exploration, development, and extraction history Cap. E+D cost Total assets Amount Year 2019 $ 5,680,000 Share capital 2020 $ RE (deficit) Activity Exploration costs incurred and paid Exploration costs incurred and paid Exploration costs incurred and paid Development costs incurred and paid Development costs incurred and paid 2021 $ 6,600,000 7,100,000 9,200,000 9,500,000 Total OE 2022 $ 2023 $ Revenue 6,800,000 units Exploration cost Extraction cost Estimated units of mineral resource Revenues and cash collected from sale of ore @ $8.00/unit Units of ore extracted Extraction costs incurred and paid Amortization of 2024 $ 17,600,000 2024 2,200.000 units 2024 $ 4,400.000 cap. E+D cost NI(Loss) Revenues and cash collected from sale of ore @ $13.00/unit Units of ore extracted Extraction costs incurred and paid 2025 $ 58,500,000 2025 4,500,000 units 2025 9.000.000 2026 $ 700,000 Revenues and cash collected from sale of ore @ $7.00/unit Units of ore extracted Extraction costs incurred and paid 2026 100.000 units Enter any number in the edit fields and then continue to the next question. 2026 $ 200,000 The following is the complete mineral exploration, development, and extraction history of Taiyuinbyo Minerals Inc. Early in 2019, investors invested $45 million to start the company. No further or other financing was required. The company started explorations in 2019. However, all exploration efforts between 2019 and 2021 were unsuccessful. It was not until early in 2022 that Taiyuinbyo found its one and only viable mineral deposit, which it immediately began to develop. It took two years to complete development of the site and all the minerals were extracted in three years, starting in 2024. (Click the icon to view the mineral exploration, development, and extraction history.) Required Begin by completing the table for 2019 to 2021. Next, enter the amounts for 2022 and 2023. Then, complete the table by entering in the amounts for 2024 to 2026. (Enter all amounts in thousands. Enter a "0" for any zero-balances, and use a minus sign or parentheses for a retained deficit or a loss.) 2019 2020 2021 2022 2023 2024 2025 2026 Cash Mineral exploration, development, and extraction history Cap. E+D cost Total assets Amount Year 2019 $ 5,680,000 Share capital 2020 $ RE (deficit) Activity Exploration costs incurred and paid Exploration costs incurred and paid Exploration costs incurred and paid Development costs incurred and paid Development costs incurred and paid 2021 $ 6,600,000 7,100,000 9,200,000 9,500,000 Total OE 2022 $ 2023 $ Revenue 6,800,000 units Exploration cost Extraction cost Estimated units of mineral resource Revenues and cash collected from sale of ore @ $8.00/unit Units of ore extracted Extraction costs incurred and paid Amortization of 2024 $ 17,600,000 2024 2,200.000 units 2024 $ 4,400.000 cap. E+D cost NI(Loss) Revenues and cash collected from sale of ore @ $13.00/unit Units of ore extracted Extraction costs incurred and paid 2025 $ 58,500,000 2025 4,500,000 units 2025 9.000.000 2026 $ 700,000 Revenues and cash collected from sale of ore @ $7.00/unit Units of ore extracted Extraction costs incurred and paid 2026 100.000 units Enter any number in the edit fields and then continue to the next question. 2026 $ 200,000
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