GW1 7.41% 5.0¢ greenwing resources ltd

au recovery and cost estimates, page-2

  1. 1,397 Posts.
    lightbulb Created with Sketch. 73
    OTOH the Albion process extra capex would be paid back over 18 months by the higher return.....and the extraction % looks much better......which to pick, the lower cost or higher production??
    Not a bad problem to have as both options stack up very well.

    Silver breaking out to new highs bodes well for BSM.....and nice to see Zinc back up around the $1.10 mark again......as a whole, we must be above the values that Mike used for the $40M pa EBIT estimate by now.

    Be nice to hit some 4% copper at Lake Margaret soon....mind you, the ore at Fossey has similar value to that already.

    Amusing how copper explorers (with no plant) get the market so hugely excited and a "producer" with similarly-valued ore and huge debt-free plant and infrastructure is virtually ignored......market will awake one day.

    In the meantime......the cash rolls in.
 
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