Here I am telling all NOT to read between the lines and I'm doing it myself!
Like I said I found it interesting that they continued to push the 400M NPV figure in the last qtrly.
Well with zinc at $1.50/lb which gives a spot price of approx $3,300/t,this puts that newer NPV figure much closer to reality when taking into account the current zinc price chart and its trend IF they manage to attain a price close to this for their zinc.
Remember Aim mentioned that overly optimistic zinc price to be attained in the original Bfs release.Well all I can say is have a look at where the zinc price is now!!!
d.
400m npv.
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