maximising the silver value seems quite astute given there's over 1.1 million oz per annum projected to be contained in the ore
it kind of depends where you sit on the EV and Renewables demand for both Copper and Silver and the current historically high Gold to Silver ratio , plus the Comex and LBMA being drained of silver inventory to record low levels.
If silver prices double or even greater given the industrial demand for it and the well publicised forecast supply shortfall, this could be quite beneficial for AAU cash flows.
DYOR of course, below is taken from the original Scoping Study announcement:
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- Ann: Progress for Concentrate Off-Take from La Demajagua Mine
Ann: Progress for Concentrate Off-Take from La Demajagua Mine, page-5
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