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

To: Richard Mazzarella who wrote (8051)	10/21/1998 9:50:00 PM
From: Bob Walsh	Read Replies (1) \| Respond to of 14226

At the moment I am not sure what their recovery rate is. Regards, Bob

To: Richard Mazzarella who wrote (8051)	10/21/1998 10:22:00 PM
From: Larry Brubaker	Read Replies (2) \| Respond to of 14226

<<So you are saying that GPGI isn't recovering 3 OPT?>> Richard, Dennis acknowledged the total Rhodium produced in the combined shipments 1 & 2 was 3.77 ounces. <<That was 3.77 ounces in the total of shipment 1 and 2.>> The PR said the Rhodium recovery was about equal to the total of the other 3 metals. So a total of about 7.5 ounces of metal was recovered from the first two shipments. Therefore, by my simple math, recovery was nowhere near 3 opt unless the total of the first two shipments amounted to no more than two tons of processed ore. Assuming the two shipments equaled 20 tons of ore as was suggested by Bob, then recovery level of those shipments was around .375 opt. Is there something else you would like me to add to the nunmerator? <VBG>