Don't forget its a lead mine with silver credits, not a silver mine. The silver credits slash the overall cost of mining. Most iron-ore producers (method: blow it up, move it to a ship) cost $60-70 a tonne to mine per $95AUD a tonne price, Sorby could be around $9 cost per $100 worth of lead with the silver credits, down from a cost of $32p/t without. Need a pretty big slump to make it unviable and the silver price would need to be 3x more than it is now to make it the main commodity here.
KBL referred to it as a silver mine at the time as it was the sexier of the metals (at the time, not now obviously), like saying a copper project with a sniff of cobalt is a cobalt mine.
That 3D youtube mine fly-through you posted was mint!
- Forums
- ASX - By Stock
- BML
- Ann: Pacifico Minerals to raise up to $4.12 million
Ann: Pacifico Minerals to raise up to $4.12 million, page-35
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BML (ASX) to my watchlist
(20min delay)
|
|||||
Last
11.5¢ |
Change
-0.005(4.17%) |
Mkt cap ! $27.42M |
Open | High | Low | Value | Volume |
11.5¢ | 12.0¢ | 11.5¢ | $112.7K | 961.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 229873 | 11.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.0¢ | 145121 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 293066 | 0.115 |
3 | 148093 | 0.110 |
2 | 6625 | 0.105 |
5 | 210500 | 0.100 |
1 | 6000 | 0.093 |
Price($) | Vol. | No. |
---|---|---|
0.120 | 270830 | 4 |
0.125 | 331422 | 4 |
0.130 | 329054 | 4 |
0.135 | 122596 | 3 |
0.140 | 324135 | 1 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
Featured News
BML (ASX) Chart |