i'll summarise their prelim evaluation.
6 year mine operation, produce a total of 493kt zinc conc, and 135kt lead conc, but i'll just say together 628kt
so over 100kt concentrate pa.
capex 94m
opex .31+.12 transport = $.43/lb or $950/t.
with lead and zinc both over 2000/t so there's 1000/t margin in this.
so, 100 kt pa x 1000/t = 100mpa profit.
did i miss something?
capex Pay back in one year, and 5 years of sweet sweet gravy.
unless my math is out with a zero or sometihng.
Ann: Quarterly Activities Report , page-4
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