“Some figures were done a while ago on the economics of Oposura and these were reposted as links etc. A thread was dedicated to the topic.
Nobody has really challenged those estimates with any credibility, which were based on a comparable mine...”
No need to look to a ‘comparable mine’ for guidance. The company’s own best case scenario is outlined very clearly in the scoping study.
Company needs Zn of $3,100+ p/t to meet study assumptions. 2021 Futures hovering at the $2,600 p/t level atm. $2240 is the line in the sand. Below this and it cannot fund it’s own operation.
This is the company’s own analysis. Oposura is no cash cow. Far from it. It’s a a marginal project at best.
As for the suggestion the company won’t be raising any more money via further dilution prior to production. Thats simply laughable. New equity will fund the lion’s share of CAPEX.
Ann: Quarterly Activities Report March 2019, page-16
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