Tuesday 2 June 2020

The difference between ORE and METAL exists!


From the series of publications 
"So they create a fairy tales for the investor"

"They draw up the necessary documents
and begin to search for the simpleton..."


How to create a fairy tale for an investor?

 
Imagine a mineral deposit from which 180 tons of metal ore are extracted.

The mine: In fact, the mine produced 180 tons of ore.

They remove the word "THE ORE" from their reports and report: "The mine produced 180 tons of THE METAL."

 In such a cunning way, they made 180 tons of metal. 
 

Do you think that there are 180 tons of metal that you sell on the exchange at an expensive price? 
No, this metal does not exist!
This is fairy tale for the investor!

 Price of error:
The dumper with bauxite ore costs $ 108,000-540,000 (180 tons).
The dumper with aluminium costs $3,810,600 (180 tons).
The dumper with aluminum costs more than a dumper with bauxite ore.

The difference in cost is $ 3,702,600-3,270,600.

The negative consequences of this error: Investors will see the difference very well. Lead costs (METAL PRICE) $ 1.0 but lead concentrate costs (MINERAL PRICE) $ 0.2-0.3. Everyday, investors will have a significant loss of money ($ 0.7-0.8).

 The difference between RAW MATERIALS (ore) and METAL exists! 

IMHO: This is one of the reasons why the recovery is 115-250 % in plants.
P.S. Based on real events.

Ph.D. Natalia Petrovskaya 

 You can read more  Do you think that there are 300 tons of metal that you sell on the exchange at an expensive price? No, this metal does not exist!


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