Hi mine was a fairly simple calculation that only referred to the value of the metal. Thus no productions costs were removed. Can't remember the exact rates off the top of my head but at the time I posted that zinc was at USD $ 2980 / tonne and lead @ around $2000 / tonne . Geraint was hoping to be able to produce 80000 tonnes of zinc concentrate per year and 20000 tonnes of lead per year. So 80000 x $2980 usd + 20000 tonnes at $2000 usd . That works out to $278 400 000 USD. Convert that to AUD and you around $ 358 000 000 AUD. that doesn't include the silver value and is back of the envelope calculations. And yes there are productions costs and finance costs and royalties and thanks for pointing that out . In my mind I thought it was clear that no costs had been removed but probably wasn't clear , so apologies if I've confused anyone but DYOR.
AZI Price at posting:
8.2¢ Sentiment: Buy Disclosure: Held
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