Yields on memory .....yet again.

[leavemealone]

Ok here's where Im a little confused.....I know what the yields posted have been,for those of you that dont know steve,catfish,and chris all came up with an estimate on gold fingered memory yields being around 2 1/2 grams per pound of gold(none silver)memory fingers.And it takes roughly 16 pounds of memory sticks to make 1 pound of fingers.Heres where my confusion steps in and smacks me,I have 2 refiners and 1 gentleman that have offered me $10 a pound if I have over 100 pounds of sticks.Heres a real quick breakdown:
100 pounds of sticks=roughly 10 pounds of fingers=roughly 25 grams of 24k.WHAT AM I MISSING HERE?????? There has to be some reason so many companies and people on ebay and on the internet gladly pay $10 a pound for memory.I do not normally process memory but I will be doing a lot this week.That is if I can get decent yields on them.Can someone please step in and educate me some more please please please please?
Thanks,
Johnny

 

[lazersteve]

The yields GSP, Catfish, and I discussed are yields from the edges only. This does not include any gold, silver, or or PGMs in the chips, solder, and discrete components on the stick itself.

Secondly, the copper value would certainly have to be considered in the yields for a large scale refinery. I've heard that printed circuit boards typically contain 25% of their weight in copper.

Lastly, and perhaps the biggest reason, the resale value of older memory sticks are much higher than the newer varieties for working pieces. This means that if a portion of the lot can be salvaged for parts and/or resold, they may be more valuable.

Just my two cents.

Steve

 

[leavemealone]

That is still a pretty small profit margin unless there is a lot of pm's in the chips.And I can't begin to imagine how small the margin would be after recovery costs.
Johnny