A new gold refinery to be started in Ghana is seeking funding.There is high demand for new entries into this industry and we will focus on service, timeliness & integrity. Numerous small miners are lined up to bring their business to this refinery and more will come as soon as it is open.

Equipment can be installed and facility operational in an estimated 1-2 months.To start the capacity will be 1,000 oz per day refining to 99.99% purity. There will also be a secondary production of small products such as 1 oz rounds and wafers etc.

If only the minimum 3% charge is applied and there is only 200 oz/day coming in that alone will be a gross income of - $1,700/oz x 3% x 200 = $10,200 per day.In the case of receiving actual ore the charges can be as high as 40% as opposed to the 3% when receiving dore bars.

Profitability is assured. The intent would be to increase volume and hopefully reach 5,000 oz/day eventually. The amount being sought is $2.8M which will give the investor a 20% share.

However, until the principal has been recouped it will be 40% and then shift to 20% from that point. Alternatively, the investor can invest $5M which would get the project ramped up more quickly.

This will give him a 30% share (but 65% until capital earned back)gold activity is picking up and will continue to do so for the foreseeable future as economic troubles increase worldwide. Gold will become one of the only truly secure investments.

Posted Jan 18, 2015

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