I found this from the days when Admiral Bay belonged to Kagara.
Admiral Bay – Pre-Feasibility Study (KZL 100%)
Using price forecasts of USD 2,600/tonne (USD 1.18/lb) for zinc and for lead and an average AUDUSD rate of 0.85, the study forecasts payback in 3.8 years, and calculates a NPV of $160m.
Ann: Admiral Bay Zinc Project Acquisition Update, page-244
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