Zinc & lead at combined year highThe Tamerlane-weighed price (2:1) average is slightly over USD 1.15/lb now which is near the year high and corresponding to nearly 25 % higher NPV after tax than the USD 144 million stated by Tamerlane last autumn at USD 1.10/lb, due to the 5x price leverage, or around CAD 2 per FD share (87 million).
Nevertheless someone now wants to get rid of some 250 000 shares or so at just CAD 0.39 or around 1/3 of the fundamental stock potential including the dilution of financing by equity, but not considering a possibility of an increased NPV in the forthcoming feasibility study due to another big deposit N204 probably included.
Another buying opportunity, IMO if you have some cash...