Allied Nevada Gold/Silver Agreement Fantastic news really! An excellent way to make use of spare capacity. A quick look at the Allied-Nevada Gold suggests the initial 162 tonnes will contain 13,300 oz Au and 36,900 oz Ag. At current spot levels, that corresponds with a gross value of $21,546,000 from the gold and $1,051,650 from the silver, for a combined gross pre-sharing gross revenue of $22,597,650 from the initial reserves.
Assuming similar grades in the future (82.1 oz/t Au and 227.8 oz/t Ag), recurring 15-30 tonnes/month, that should correspond with gross pre-sharing revenue of $2,092,375 / month on the low end (15t) up to $4,184,750 / month on the high end. Excellent!
all imho, dyodd