Hey MB,
Agreed AISC will be rubbish for both. I believe in an interview Dennis has mentioned intended AISC for the silver at $15 oz but I think its safer to assume around the $20 mark.
Its one of the reasons why this is such a leveraged play, why they likely thought 20c was a fair valuation when compiling the prospectus and why its taken off like a rocket since.
If prices hold up or go further then this asset is still cheap.
Sorry don't have link to the interview re Dennis.
Ann: Initial Depth Extension Drilling at Mt Boppy pit, page-46
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