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Gold/Mining/Energy : Global Platinum & Gold (GPGI)
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To: Jafco who wrote (6694)7/15/1998 8:22:00 AM
From: Bob Walsh  Read Replies (1) of 14226
 
Jafco, the release meant refiner costs of $200 from the output (or yield)of 10 tons (the refiner doesn't receive 10 tons of head ore, he receives a small number of pounds of the pregnant resins). I believe that this number ($200) is in error (too high)but will call GPGI today to verify.

Regarding the $15,000 per week, I believe that this number is factored into the per ton costs and was previously called Fixed Overhead but has now been broken down into Processing Cost and Fixed Overhead.

Regards,
Bob
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