Replies to post #14170 on Mexus Gold US (MXSG)

[Amadeus4153]

"Are those expenses spelled out anywhere?"

Why do you continue to ask questions which you know cannot be answered at this time? MarMar is a private company and does not have to publish their expenses. We will find out at the point of the 1st pour.

Although I don't know what those exact expense are, I can tell you they are not substantial. MarMar did not have to pay for the land. Mexus paid for the Merrill Crowe unit. I believe Mexus also paid for the leach pad liner. MarMar's principal costs have been manpower, machinery and the initial blast. Should not be a huge sum of money.

Given the preliminary numbers we have been given from the 1st column test, 10,000 tons of material @ 0.7gr/ton net will produce approximately 226 ounces of gold @ $1,200/ounce for a total of $271,000 per 10,000 tons loaded.

20,000 tons processed in the 1st pour should more than cover MarMar's expenses to date.

[rbtree]

Are those expenses spelled out anywhere?

What, do you mean things like all the piping, lining material, fuel, electricity (unknown if there is power onsite, otherwise, lots of generator power needed--and more fuel)physical plant construction, labor, equipment repair and maintenance? Those expenses? I imagine that will be a big number. We also haven't been told about how much tonnage the initial leach will be....(Maybe I missed it, thoug0ht maybe there was on old pr about starting with more than 10k tons....

If it's only 10k tons, that would work out to about 8 ounces of gold per day...... won't be meeting expenses with that.

I'm going to assume they have loaded more than 10k tons on the pad, though...