The very high premium grade zinc oxides sell at a premium to the metal value.
In this case the Zn & Pb sulphides are high grade but will be combined with the jv tailings low grade concentrate this will lift the overall grade ( a 70% Zn/Pb combined grade) to make it more marketable ( I am assuming this will show a better return than selling the higher grade as a seperate lot ) hence the overall discount from metal value should be minimal.
lead it ride, page-8
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Last
59.5¢ |
Change
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Mkt cap ! $112.9M | |||
| Open | High | Low | Value | Volume |
| 60.5¢ | 60.5¢ | 58.5¢ | $24.35K | 41.24K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 24980 | 59.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 59.5¢ | 2502 | 2 |
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| Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
| SDV (ASX) Chart |