Replies to post #9237 on PHI Group Inc (PHIL)

[turn around]

if i am right they made 1.4% gold out of 100% concentrate.

2,400 pounds gold concentrate would make 33.6 pounds of gold.

[RED44]

You missed something. The website is an example of the technology's capability. With the example from the website and 2400 pounds of gold concentrate, the total would be around $681K based on the current price of gold. However, we don't know how successful they will be extracting gold from the concentrate. It is anybody's guess right now.