25g/t is definitely being a bit cheeky but everyone seems to be forgetting this is just one of their deposits in the New England ford belt. I personally think 100million oz is over estimating but if you up the cut off grade and the total feasible amount turns out to be 80million oz combined total then this is still the cheapest silver oz on the ASX.
562m SOI x .062 =34.8m MC / 80m/oz = 43c per oz
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Ann: 19.5 Moz Silver Equivalent MRE for Texas Silver District, page-28
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