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Gold/Mining/Energy : Global Platinum & Gold (GPGI)
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To: Bob Walsh who wrote (6692)7/14/1998 9:06:00 PM
From: Jafco  Read Replies (1) of 14226
 
Bob, I didn't read the release as saying the yield was $200 per ton, what I read was Sabin was to charge gpgi $200 per ton to refine their product.
If that is true your figures indicate a bottom line of $135,664 per month X 12 mos = 1.628 million annually at 15 ton/day. At 30 ton per day I hope Jensen can bootstrap this operation to 100 ton/day , then to 1000t/day in a year or two or even three. However I noticed the processing costs and fixed overhead figures do not total a previous figure they gave of $15,000 per week.
Joe
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