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Gold/Mining/Energy : Global Platinum & Gold (GPGI)

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To: jack parker who wrote (7238)9/8/1998 5:43:00 PM
From: Jafco  Read Replies (1) of 14226
 
Jack:
The release of June 23 states<<<The cost of chemicals and materials was $232 per ton of screened ore. This will be less when full production is achieved. This
cost does not include weekly operational charges incurred in the mill operation (approximatley $15,000 per week). >>>
Operational charges should cover all overhead, which includes salaries.This figure will, undoubtedly increase as production is ramped up--how much more is anyones guess at this time.
Joe
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