GRX 0.69% 72.0¢ greenx metals limited

latest announcement mergertakeover disccussion, page-5

  1. 71 Posts.
    Hi Oppie,

    Sorry to rain on your parade but the 250,000 tonne a year operation is 250,000 tonnes of ORE throughput not ZINC. Assuming they mine the higher grade zone first (around 8.5% Zinc) and have around 90% recoveries, that implies around 19-20,000 tonnes of Zinc produced per annum

    Still like the stock though

    Cheers

    James
 
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