Comment by
WarrantOfficer on Apr 04, 2023 9:11am
I am sure you will not see .05 here. If it happens I will gladly add to my position. Should see a nice rise in SP after first quarter of production numbers are shared.
Comment by
Luckierjack2 on Apr 10, 2023 8:37am
Care to make a prediction on ounces produced and revenue?
Comment by
WarrantOfficer on Apr 10, 2023 9:27am
Metals Focus’s World Silver Survey 2022 estimates silver’s total cash cost of production at $3.88 per ounce, and all-in sustaining cost of silver production at $10.88 per ounce. Silver is currenlty at 25 oz. Net profit of $14 oz x 1000 oz daily = 14000 day x 30 days = 420K a month at 1000 oz day
Comment by
Luckierjack2 on Apr 12, 2023 12:13pm
Interesting comment that combines the results of a bunch of mines around the world. Not sure how it relates to SBMI. Interesting to see how much silver they produce. Any thoughts?
Comment by
geolith on Apr 12, 2023 1:29pm
Like any bootstrap operation the first target is to get the assets operating in a predictable manner, and then start mining to produce in a predictable rate, both grade and tonnage. Undoubtably there will be temperary glitches, but so far they have been simple to overcome. Just needs some time. The gamble is, is it there.