Mass Pull of Gold Concentrate makes it cheap to TransportMass pull is to concentrate floatation is usually in the 5% range.
So, 1 ton of economic ore entering the processing line upstream is reduced to about 0.05 ton as gold concentrate ( 40 kg per ton of ore ).
So, gold concentrate is very cheap to transport .
Refining gold concentrate usually has a gross yield of 13-15% to the refiner.
So, $100 million US of concentrate would yield us gross revenues of about $15 million US and with margins of at least above 65% , free cash flow per year of about $12 million cad.
So, being cheap to refine, concentrate refining can provide a steady source of cash flow to fund other operations .
As I said earlier , spinning out the Point Rousse and Tilt cove projects will yield by far the greatest returns to management