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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: Kurt R. who wrote (9116)2/15/1998 1:30:00 PM
From: go4it  Read Replies (1) of 20681
 
Kurt,

<<Specific heat of the ore: 1.0 kJ/kg K (assumed to be linear over the entire temp. range)
Roasting temperature: 1,064 Centigrades (the melting point of gold)
Overall efficiency of the roasting oven: 70%
conversions: 1 BTU = 1.055 kJ; 1 US ton = 900 kg.>>

Where did you come up with a cost of $.026/kWH for natural gas ? I forgot where power costs were listed. Also, are there PGE's associated with FL? If so then your melting points will have to be increased considerably. I always hated these calculations when I don't understand the process very well but I appreciate the help.
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