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

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To: Lee Bush who wrote (10450)	5/24/1999 1:19:00 PM
From: Ed Fishbaine	Read Replies (1) of 14226

Lee Current production methods and returns are not yet available. There are proprietary considerations which should be respected. But on the basis of Twiford's past numbers it would take 278 tons of head ore to make 1 ton of anode slimes. At $600,000 per ton the head ore is worth $2158 per ton. I suspect that the present processing method is better than Twiford's Also McKay indicates that they may be able to process a minimum of 120 tons of head ore per day. Again, based on Twiford's numbers it would take a bit more than 2 days to make a ton of anode slime (278/120). Should this be the case Global would be grossing close to $300,000 worth of metals per working day. Ed

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