From Page 9 of INVESTOR PRESENTATION AUGUST 2019 on 19/08/19‘8 Year Initial Mine Life.’Since then the drilling programme has found more products and indications are there are at least 4 areas thathave yet to be drilled that will supply even more ore to extend the 8 years.‘Capital Payback in 16 Months’.Since that report, there has been a significant uplift in metal prices so the payback time could well beless than a year now and fully funded til next year.Thats my investment strategy right there.
PMY - Leverage to Silver Price increases, page-12
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Mkt cap ! $24.50M | |||
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Last
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Change
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