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5.9¢ galena mining limited

Lead price almost irrelevant, reconciled UG grade is the one to...

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lezok

308 Posts.

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03/05/23

08:55

Post #: 67577367
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Originally posted by troyus: ↑

Will all depend on the Lead price at the end of the day. currently at 0.98usd/lb
I note all 2ic' assumptions are based on the coys 0.95usd/lb. Every cent over that OR under that at steady state adds or subtracts roughly 3 million AUD so if we get over $1 USD/lb that would be another 15 mill or so to the bottom line. If it goes the otherway of course....
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Lead price almost irrelevant, reconciled UG grade is the one to watch

G1A Price at posting: 11.0¢ Sentiment: None Disclosure: Not Held
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