Why ask me? if you are that interested then the WL process flow should answer your question. It's in one of the appendix in the acquisition announcement. Give a man a fish feed him for a day teach a man to fish....
No idea how that question relates to my PM Streaming spill above. I'm a ex-commodities trading/finance guy not a mining engineer. So WL process flow is your horse's mouth.
If we go by my memory the WL plant produces 3 concentrates zinc/ag, cu/au and pb/ag. These are delivered via rail to one of the eastern ports (Port Kembla I think) bound for further processing in a refinery somewhere in Asia.
In the context of a PM Stream. The PM will go straight from the asian refinery to Shanghai Gold Exchange or LBMA (usually). Which I assume many of the companies that participate in PM Streaming have an account with. From there they can underwrite and sell paper gold and paper silver to their heart's content. But that's a story for another day....
DVP Technical Analysis, page-3072
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add DVP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.90 |
Change
0.015(0.80%) |
Mkt cap ! $489.0M | |||
| Open | High | Low | Value | Volume |
| $1.88 | $1.93 | $1.88 | $1.404M | 740.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2136 | $1.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.90 | 992 | 3 |
View Market Depth
| Last trade - 16.10pm 24/07/2024 (20 minute delay) ? |
| DVP (ASX) Chart |