@Gratton44
You can make of it what you will, but this image below is from a recent KSN release.
Come their next Financial Report you could probably make some limited comparison as to what it generally costs to process tailings. Not sure how the their mill is configured in comparison to MKR's mill ................... but it's a stab in the dark to some extent.
Of course they could just come out and tell us the nitty-gritty and it would save a lot of conjecture.
***On another note ...............Let's hope that the US Treasury and or Federal Reserve get around to revaluing their supposed eight thousand odd tonnes of Gold that they supposedly still have. It's on their books at approx US$42-22 a troy ounce and once they revalue then All Central Banks will revalue as well.
That should put a bit of excitement into the PM sector.
https://www.bullionstar.com/gold-university/central-bank-gold-policies-us-treasuryUnited States Treasury and Federal Reserve
Introduction
The US possesses the largest reported monetary gold reserves in the world at 8,133.5 tonnes. These reserves are owned by the US Treasury and are predominantly stored in the custody of the US Mint and to a small extent in the custody of the New York Federal Reserve. All US gold reserves are held within the continental United States. Perhaps more than any other country, the US gold reserves create intrigue and controversy due to their claimed size, and also because the US gold stocks have never been physically audited and verified by a entity independent of the US Government.
Valuation of US Gold Reserves
Unlike most of the world’s central banks that value their official gold reserves at market prices or market-related prices, the US Treasury values its gold reserves at a statutory price of $42.2222 per fine troy ounce of gold. This valuation procedure is defined within 31 US Code § 5116-5117[10]. The statutory price per ounce of $42.2222, or $42 2/9, has been used as the book value calculation price for the US gold reserves since 1973.
