A triple digit Ag price might seem unlikely, but it really isn't.If you look at the historical gold-silver ratio it is between 10 to 15 : 1 with gold so just using today's gold price of ~$1800 USD then at a 15:1 ratio that puts silver at $120 US/ozt = $180 AUD. Gold price is expected to rise significantly in the future so this will further increase the silver price also.
Also do your calcs take into consideration the value of the copper, zinc, lead and gold that will be pulled out of the ground, along with silver?
A triple digit Ag price might seem unlikely, but it really...
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