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Gold/Mining/Energy : Global Platinum & Gold (GPGI) -- Ignore unavailable to you. Want to Upgrade?

To: Chuck Bleakney who wrote (6740)	7/16/1998 2:12:00 PM
From: Bob Walsh	Read Replies (1) \| Respond to of 14226

Chuck re costs: The monthly costs @10t per day (216t per month) provided by GPGI are as follows: Chemical costs $50,112 Processing costs $17,280 Refiner Costs $43,200 _______ Total variable $110,592 Fixed overhead $25,720 Thus the variable costs per ton are $512 subtracted from $1,000 yield $488 per ton profit from operations. Then the fixed monthly costs are deducted from the operations profit to arrive at the net profit. As far as I am aware all of the costs, including the ball mill monthly costs (which are not $60,000) are included in the above. The maximum capacity for the ball mill is 150 tons per day, not 15. Since there are more that 4 weeks in some months GPGI uses 4.3 weeks per month as an average.