Pm smackdown, page-6

Silvermarc , I'm interested to hear your thoughts regarding the JORC upgrade, given you spoke to DB a little while back.
The 2012 JORC was based on US$30/oz silver, US$1500/oz gold and US $2200/t lead and zinc.
Silver currently around US$20, gold US$ 1365, Lead US$ 1800 and Zinc US$ 2120.
Will this effect the cut off grades to be included in the revised JORC ?
Looking at past resource statements they dropped the silver grade from 87g/oz to 47g/oz from 2009 to 2012 as the silver price increased obviously making lower grade extraction economically viable.
Even with the added drilling results will the overall resource increase or decrease given the drop in both the gold and silver price since the 2012 JORC release? The Zinc and lead resource should increase at the current price level which is pretty close to 2012 prices.
Going back over the Beer and Co research report from 2014 their revenue assumption if the Kempfield project proceeds, was that 65% of the revenue will come from Zinc, According to Beer and Co we are more levered to the zinc grade and price then silver, going off their 2014 sensitivity analysis.
I'm personally more bullish on gold and silver then zinc, but for the project to be viable we will need a strong zinc price going forward based on their research, unless obviously we make a significant high grade gold or silver discovery in the latest or future drilling campaigns.
Interested to hear all thoughts on this.