Page 2 Quarterly Activities 31/7/19.“The PFS estimated a CAPEX of A$95.4M to develop the mine, with a 16-month payback and a pre-tax NPV8 ofA$243M1 (See ASX Announcement 26 March 2019)”.Drill results due this week and a revised PFS due during September.When Zinc gets factored in and the latest drill results hopefully showing plenty of Silver get worked in, I feel thealready amazing 16 month payback will be significantly less.When the Qtrly Activ report was issued 31/7/19, Silver price was $24.19 Aus.4 weeks later, our project is much more attractive with Silver at $26.76 Aus.
Page 2 Quarterly Activities 31/7/19. “The PFS estimated a CAPEX...
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