Newlox Gold Ventures Corp NWLXF

Good margins

[lscfa]

I found an old video chat where co. discloses production costs estimate of $700 US/oz for the tailings plant (includes cost of feeedstock) and $700 US/oz for the milling plant (does not inc;due cost of feedstock). This means the margins are much better than Dynacor.

 

$US	Dynacor 2023	Dynacor 2022	Newlox plant 2	Newlox plant 1
Avg volume tpd	468	413	150	80
Gold oz produced	130,001	110,359	20,000	6,500
Avg selling price/oz	1,936	1,800	1,900	1,900
Gross margin/oz	232	221	600	1,200
Gross margin	12.0%	12.3%	31.6%	63.2%
Newlox volume no.s are at full capacity
Newlox production costs estimated at $700 US/oz for plant 1 and plant 2
Plant 2 pays 50% of profits to miners

[lscfa]

2 thoughts: The co. should put pertinent info like production costs in every single investor presentation instead of randomly disclosing it haphazardly in videos.  Wise up Newlox mgmt.  The tailings plant has huge margins. Co. should be pushing to have it at full capcity asap.