If you don't know that... you don't know anything that matters ?
If it was 95% silver... there is no way this thing survives in current form.
We're told "they have 1000 pounds of concentrate" which seems intended to impress some, to convince some that "things are working out"... but, what matters is "THE VALUE" and not "the weight". Three months plus of mill operations to generate maybe half a ton of concentrate... with how much value in gold, and how much value in silver in it, and with what still required in cost to extract it?
Is that "concentrate" they've produced by physical separation only 20% metal, with 90% silver and 3% gold?
So... 200 pounds of metal, with 180 pounds or 2880 ounces or $57,600 in silver... and 6 pounds, or 196 ounces, or $115,200 in gold ? So... $172,800 in value... or, $57,600 a month ???
Oops... I forgot to deduct the 30% in "takeoffs"... so divide those numbers by more than 1/3... or, they need to have "values" 1/3 greater than I've used to get the same numbers... and, then use the value left over to pay the operating costs, and it looks like not anywhere near enough to cover costs... seventeen company employees, plus contract personnel... and what was the monthly "rent" payment, again ???
Simply is fatuous to think they are succeeding... when they still refuse to address what THE VALUES are... since, without knowing what they values are... you don't know anything.
JMHO
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AI
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