Mexus Gold US (MXSG)

[T-Hawk]

Lets see. 5 minutes to move the filters into position, an hour or less for the machine to process them while the operator monitors, another 5 minutes to remove the empty filters and time to smelt the gold removed into a bar. Include the cost of water, electricity for the process and the furnace. Remember that this is part of a continuous process they do all day long and our filters are merely one batch out of ? and the total processing cost is, what $100.

Sorry Dino, completely respect your opinion and not meaning to beat a dead horse, but I still can't let this topic go. I thought of another significant item that would add to Sipi's cost to process.

The 1 ton of material scraped/washed from the filters has to be disposed of somehow. This is material with contaminates from the leaching process.
You can't just wash it down the drain or dump it in a landfill (not without doing some treatment to the material).

Unless the gold levels increase significantly, I have my doubts that Sipi will continue with their current terms of the agreement with Mexus. It will be changed to a higher percentage or end the agreement completely.