Post by
nozzpack on Apr 10, 2024 1:17pm
The DNG Tolling Model
One of my long term investments , a gold tolling stock ( DNG ) actually buys the gold ore directly from the miners for about $0.87 per $1 of the refined value per ounce .
Net profit is about 7% of gross .
This could be done with QW ore by delivering it to the HD site where it would be purchased.
Maritime crusher and separator would then crush and separate the gold into economic grades , saving 50% in volume , and elevating milled grades by 50% .
At K2 Grades, 150,000 tons of K2 ROM ore would yield about 100,000 ounces refined .
Maritine have their own mining crews as well, if NFG wanted to contract the entire operation .
This would fit quite nicely for example for a large bulk sample, say 70,000 tons .
Only decisional inertia stands in the way..