Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-19

@GT55

So you believe the AUD $35 per tonne processing cost for silver is incorrect as in the following?

https://hotcopper.com.au/threads/ann-record-gold-sales-and-profit-august-2021.6276561/

Because it seems if that is accurate they will make around ~30M AUD in revenue in 6-7 months and have $17.5M in costs if you assume an 80% recovery rate. That is a lot of wiggle room?Now when they resume mining they'll be moving onto 100g/t material, with 80% recovery they'll be making ~18M/quarter at current price in revenue. 7M for processing and probably ~4-5M for the mining/hauling. Which leaves 6-7M profit excluding admin fees per quarter. Am I missing something here?

From the prospectus given the numbers which are very similar to now they said they would be profitable and they will be. If silver explodes then MKR is going to be a fantastic prospect, otherwise it's going to be valued roughly around where it is now I think excluding the potential for new major resources which is also pretty likely I think.