I thought long ago this was going to be worked out using a more conservative amount. like $340/350.
Can only speculate why they used this and what the price will be.
I guess this is now up to a bigger institution to decide what the price will be in the future and if and when this project could be worth the investment.
Ann: Sollstedt Mine Purchase, Ohmgebirge PFS & Maiden Ore Reserve, page-14
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