Yeah that's up from $600mill due to decreased oil costs and increased zinc pricing. Site costs now down to $US 52c per lb with additional 14c for smelter fees. All this and a market cap of $A 44mill lol. China Nonferrous (NFC) working feverishly on the financing to get this puppy up and running. One of the biggest zinc resources in the world, open ended, and will become The ASX zinc stock.
Get your googles out to glean the 178 page doco:
http://imagesignal.commsec.com.au/d...nZXNpZ25hbC9lcnJvcnBhZ2VzL3BkZmRlbGF5ZWQuanNw
Glad to be BIG on IBG
ASX Zinc players list, page-452
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