RE: TAM: Investment Opportunity of a LifetimeSorry, but that is a ridiculous "analysis" by aztec. It's got errors on top of errors...
At $1.30 zn/pb, TAM will generate about $200MM in operational cash flow from R190 in 12-15 months. That's after about $8MM in interest expense and $10MM in royalty.
TAM expects to see 186MM lbs payable zinc and 101MM lbs payable lead from R190. The five follow on deposits will generate about 1 billion lbs combined zinc-lead payable metal.