As I interpret the quarterley numbers, at current metals prices there's about $1.5m in the 148 tonnes of "precious concentrate", mainly $1M of silver, less recovery costs and possibly hedging downside - still a useful result and an encouraging sign for the future. The tailings will not give up its value easily... that's why it's still there. It would be interesting to know how fine they're milling at the moment - anyone know?
BB.
silver hedging, page-14
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