Post by
KatieRossland on Apr 28, 2022 5:09pm
Rerate coming
"This is a starting point, The margins are solid for an open pit operation, combined it's bigger then I originally thought or posted with copper Mt, Porphyry Mt and Copper Mt oxide +900 million tons, .31% with by-products at a cost of less then $11 a ton. It's called math, go look at what they are mining at the Rio Tinto mine is Spain same grade but without the benefit of Mo and Ag by-product credits. I suggest you wait until they start posting drill results. As well Pine point is included in our 100 million MC which at 1.10 Zinc has an NPV of 500million at the 1.3 they intend to use in the update in May and benefit of a 40% deduction in cap ex for water handling likely outcome of a NPV north of $700 million with lower Cap ex then originals thought. " DrJJ
Comment by
glory7 on Apr 28, 2022 5:24pm
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Comment by
BigGoldleaf2400 on Apr 29, 2022 3:12am
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