Servi - Production figures from prefeasibility study with up to date spot price of antimony and gold in AUD.
5400T antimony x $60000 =$324m 41100 oz gold x $4243 = $174m Total revenue is $498m per annum. AIl in sustaining cost per year is $736m/7 = $105m
Hopefully Servi is correct with the numbers, because if he is, forget the gold for now and start the mine on Antimony soon, this year, the gold will be there for later, when all the wantabes start production and kill the price and go broke, the Antimony market as you all know, is very small. Start the printing press now, while the going is good.
The gold will also be semi processed, crushed and milled in the tailing ponds and blend it with higher grade, deeper ore.
Happy hunting folks and please do your own due diligence.
LRV Price at posting:
53.5¢ Sentiment: Buy Disclosure: Held
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