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Author Topic: A well-planned budget  (Read 124 times)
okina (OP)
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December 17, 2017, 12:03:03 AM
 #1

Most projects are very stupid in planning their budget. I know this because I studied the planning of finances in various organizations. So almost all the mining projects surprised me unpleasantly. They don`t know how to allocate their budget, they don`t take risks into account, some of them don`t even have a reserve fund, but the market`s very unstable. Among all that I have learned, perhaps only one project`s worthy of praise, this is MinigNow. Those who are interested, check a diagram on their website: https://miningnow.online/ru/. There everything is detailed, there`s a reserve fund, part of the profit goes to the generation of capacities and maintenance of technical equipment. I was glad that everything was in the public domain (some organizations deliberately hide their budget allocation, they shouldn`t be used at all, it looks too suspicious). Although I'm a mining freshman, I get when the budget`s distributed correctly and the information`s publicly available - it proves the reliability of MNW.
mashabukasha
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December 17, 2017, 12:17:59 AM
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Look, I haven`t checked the issue so detailed, I`ve just checked their site. Yeah, there`s a diagram, but haven`t even thought about it. Thank you for giving me even more confidence. Before that, I had placed great emphasis on the fact that RUSAL wouldn`t have become partners with an unreliable project. Read bout it here: https://digitalminer.net/russian-aluminum-producer-announces-the-launch-of-a-mining-enterprise/. And now, thanks to you, I was even more convinced that I had chosen the right project.
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