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    there are just under 1.7B SOI, which roughly equates to 28-38 cent range based on the numbers above

    Also did a quick calc on both Federation and Great Cobar.

    Federation, spot prices I have are not far off the initial study. Zinc is well down but compensated by the other metals. Important to remember that zinc accounts for 60% of Output.

    Great Cobar looks much better than when the PFS was done, mostly due to the much better gold price.

    I believe we are due an update on Great Cobar this quarter

 
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