Here it is....
How much silver have you got at Wonawinta?
There's a resource there are 52 million ounces of silver in the high-grade capital. Silver that's going to grade over three ounces per tonne. We've got about 4.5 million tonnes of ore in that category. And so we expect to mine, to produce a minimum of 2 million ounces of silver per year, when we start mining the Wonawinta Project. Again, those pits are all open, they're all open. They were mined down to 60 metres, that's it.
And yeah, when we look at our neighbours, I've really mentioned they’re between one and two kilometres deep.
What's your cost of production per ounce of silver?
It’s just less than 15 Aussie per ounce. The current Aussie silver is around $26 per ounce (now over $37). Our cost is below 15. We've got a million ounces on our stockpile at the plant, which obviously there's no mining costs. That’s going to be more profitable. There’s 500,000 ounces of silver ore, which will get over two ounces per tonne and that becomes, you know, that should generate $12-13 million of EBITDA, I'm just processing this.
At current prices, you can double that profit!!!
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Here it is.... How much silver have you got at Wonawinta?...
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