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


To: Bob Walsh who wrote (7850)10/9/1998 1:05:00 PM
From: Zeev Hed  Read Replies (1) | Respond to of 14226
 
Bob, sorry for the "oversight". My point is that if they have "about" $1000/ton, then it should not be a problem to get to positive cash flow at 50 tons/day, even if the onion is not fully peeled. I should add that if they are going to use a three step process (leaching, smelting and resin collection), then they'd better have more than $500/ton, or they may start and run into profitability problems with such "short runs".

Zeev