TSXV:INCA.H - Post by User
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EdinColoradoon Nov 16, 2021 2:00am
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Post# 34130282
RE:RE:RE:RE:Inca One Gold Posts Record Production Figures For August 202
RE:RE:RE:RE:Inca One Gold Posts Record Production Figures For August 202 In theory tollers should earn the same fee for milling ore whether the gold price is $300 or $3000...
Thanks for posting. I think there is more to it.
1. In the past they had served unregulated unregistered mines. That seems to have changed. Material they process should be better known now.
2. As you portray it, constant fees will still raise and fall with processed volume. Yet, we are seeing record volumes and increasing processing capacity but not at all reflected in the SP.
3. They operate a bullion store that sells coins and bars. That aspect is more than that of a mere toller. Markup on these is usually greater than market AU price, so the store should be more profitable than the same weights of streamed metal. (I'm assuming the toll payments are in streamed metal.) They advertise a discount for stockholders. I've not used the store. Can any stockholder describe their experience?