this is what i was saying........
3.3g from ten thousand sim cards (new) X 10 = 33g from one hundred thousand cards
33g from one hundred thousand cards X 10 = 330g from one million cards
330g from one million cards (used) divided by 50% = 115g of gold
take the time to punch out the contact area of 1,000,000 cards, say you had a custom manual punch built ($800.00)
you can punch out (if your real fast) one card every 2 seconds (not including reloading the pile)
30 cards a minute
1,800 cards a hour
14,400 for a 8 hour work day (no lunch, no breaks, no going pee)
936,000 for 65 weekdays at 8 hours a day
i don't know what the average wage there is but unless its real cheap i can't see a clear profit.
if this was ontario canada here is the math: (min hourly wage as of june 1st 2014 $11.00)
$11.00 X 8 hours X 65 days = $5,720 + 4% vacation pay = $228.80 = $5,720 (+ employer contributions) (CAD)
gold price (right now) $1,289.50 Toz (USD) i am not going to convert USD to CAD
115g divided by 31.1 = 11.05466237942122 troy ounces
11.05466237942122 toz X $1,289.50 = $14,254.99 (USD)
$14,254.99 - $5,720.00 = $8,534.99
$8,534.99 - travel - food - customer incentive (? $400.00 + $150.00 + 300.00) ($850.00) = $7,684.99
$7,684.99 - shipping - processing fees - equipment (if needed) - time - long distance phone calls - ? - ? = lets say $5,000.00
$5,000.00 and you make 20% (tops)
$1,000.00 not sure about taxes or other expenses.
this does not the 64,000 cards i left out of the math (just to round it out)
EDIT: please - the $800.00 for the punch machine, i forgot that