the report above makes assumptions regarding silver recovery of 85%, metallurgical test work would need to be conducted to prove what the real life recovery rate is likely to be which would then be the rubber hitting the road moment, when that happens is anybody's guess.
the answer to the newmont recoveries % may be found ? In this 13 Apr 2004—Technical Report, Maverick Springs. Doc Ref: 03V315 Report.doc. Snowden Mining Industry Consultants. unfortunately I had no luck downloading this report but more knowledgeable sleuths out there might be able to find it.
SS1 Price at posting:
57.0¢ Sentiment: None Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)