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Re: Gene_Simmons post# 6630

Saturday, 04/30/2016 5:43:38 PM

Saturday, April 30, 2016 5:43:38 PM

Post# of 47601
Hate to waste a good envelope back but let's WAG a tad. We've a nominal 80 ton mill can easy run 60 tons 24 hr shift and we will ONLY bother with graded 5 gr/ton. Lesser to pad. Next day is recovered at a kinds sloppy 70% with all waste to leach in time so get 90% in the end. Makes milled 300 gr a day (use 30 gr as oz) and we get 210 gr on the table to ship. ignore cost which will not be near avg any $800+ mine oz and refinery sends back $8,400 minus their refinery share. Higher grade and better recovery ramps up in pure profit which is the better thing of making low cost gold. Go throttle up 80 tons 10 gr and 80% back for our share of $25,000. I feel expenses will be met and be into pure profit any much over $500 oz cost and then after over $1200 POG as now. Cost comes off only end of a period to audit. 8