Yes, I think you're right Renes - universal stimulatory spending by governments can only mean the precious metals complex heading higher.
Actually, while I'm here, let me add another bullet to the list - from a point I made earlier above:
From the Operational Comments in MRV's December 2019 Quarterly:
Total ore currently stacked ready for irrigation is approximately 550,000 tonnes. There is further 1,000,000 tonnes of existing Ore that is planned to be restacked and PH corrected to allow for further leaching operations, a result of a significant step change in leaching operations and silver concentrate production.
So, Key take aways:
- 20.3M ozs Silver;
-1.55M tonnes of ore stacked or almost pad ready;
- Forecast AISC < AU$14/oz;
- NPV $80M;
- Significant exploration upside
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- ASX - By Stock
- Ann: Jadar to Acquire the Granite Belt, Qld Silver Mine
Yes, I think you're right Renes - universal stimulatory spending...
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