DVP 2.86% $2.16 develop global limited

Ann: Discovery of extensive high-grade mineralisation at Woodlawn, page-13

  1. 379 Posts.
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    The ZnEq to AuEq calc i did above is helpful to get a general feel for this. Assuming current prices, mining 7g/t AuEq material underground should still be economic. If they instead realise the grade they expected ~14% ZnEq that's about 5g/t which probably borderline - we'll have to see. I would prefer the decision as soon as possible. We want to be stoping not developing (pardon the pun) by the time prices get above $3000.
 
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