SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Global Platinum & Gold (GPGI)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Bob Walsh who wrote (6692)7/14/1998 8:46:00 PM
From: Jeff Williams  Read Replies (1) of 14226
 
Bob: Thanks for posting the corrected cost figures. The good news just keeps on rolling.

Taking the 15 ton figure and doubling it and all the costs (except fixed costs) and metal values, I come up with $5,119,776.00 gross per year.

I suppose we can assume Sabin cannot get everything out of the resin, so I used a 90% recovery rate and got $4.6 million a year, or about $0.20/share per year. This means we could be looking at a $4 stock at 30 tons per day when they get their 2nd shift going in a few weeks, an $8 stock at 60 tons/day and ... you get the idea.

Regards,

Jeff
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News