if I recall correctly the March announcement talked about buying a new truck to exploit the high grade ore at the Lvl 7 Carol’s South Stope where grades exceed 25% Zinc.
Clearly still working through lower grade stockpiles or the process needs some work as 9% recovery is about a third of the 25% grade number. I will have to trawl back over the announcements and see if they declared the expected process recovery rate somewhere.
hopefully we are still in lower grade material and about to start to get the higher grades through soon.
CZL Price at posting:
3.8¢ Sentiment: None Disclosure: Held
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