Recovery rate for silver may be 80% (target is 75% for gold) so gross profit $15-16 million in 2022 and then deduct head office expenses and interest of $5 million in a year (roughly doubling amounts in Note 5 in half yearly).
Very rough, but suggests net $10 million to finance exploration etc and pay down $16 million in debt at 30 June 2020, though profits from gold in coming months should reduce debt a bit.
Recovery rate for silver may be 80% (target is 75% for gold) so...
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