re: us350m obviously typing error
Official details from Laf PR staff:....
The $350M is a total revenue figure and was initially based on a six-year mine life at the commodity prices of two years ago. It was also based on 1M tonnes per annum throughput of ore over the six years. With current commodity prices and the additional two-year mine life (from exploration as announced in October 2005), that figure would be much higher. Annual production is expected to produce the following:
10,000t of copper in concentrates 14,000t of zinc in concentrates 50,000oz of gold 600,000oz of silver
Hope this helps explain it all.
LAF Price at posting:
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