Most of the MRE is high grade and won't be affected by the suggested changes in the metal prices. The additions to the MRE from new drilling will be much more significant than the loss of a bit of low grade stuff caused by a drop in the metal prices.
In the calculation of equivalent grades it is not the absolute values but the relative values which matter. Eq Zn will go up with a drop in zinc price and Eq Ag down with Ag the same and other metals down.
Most of the MRE is high grade and won't be affected by the...
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Last
$3.36 |
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0.040(1.20%) |
Mkt cap ! $940.5M | |||
| Open | High | Low | Value | Volume |
| $3.31 | $3.43 | $3.27 | $1.940M | 577.0K |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | $3.35 |
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| Price($) | Vol. | No. |
|---|---|---|
| $3.40 | 1118 | 2 |
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