Wednesday, June 2, 2021

The difference between ORE and METAL exists!

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 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

 


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