US$7.12 / .773 exchange rate = A$9.21.
That is still within the 'turn key' range of $9-9.50 as recently indicated by the company.
I am no expert, but the way all the metals markets have moved north the past two years on consumption worries, I do not see this price falling back too much.
Would make the Texas Hills mine nicely profitable if it gets under way as they say it will.
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macmin silver ltd
silver prices stay firm
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