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Citrati

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Citrati

Re: Mr. Zen post# 10247

Tuesday, 05/18/2010 2:05:06 PM

Tuesday, May 18, 2010 2:05:06 PM

Post# of 47116
Napkin figuring
31+ grams per troy ounce so approx. 1/2 ounce per ton @16grams
1/2 oz gold = $600 so $600 per ton material
If processing cost is $400 per ounce then net is $800/ounce
100 tons daily operation would net 50 ounces X $800 net = $40,000.
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