Hi shakes,if we work from those figures that would indicate a breakeven ~ .65-.70 /lb.
From Intecs last qtr figures using Zn @ ~ .91 /lb it looks as Hellyer was approx in breakeven or territory.
Taking into account.........
1. Aud is well down.
2. The tailings Pb grade remains roughly constant even in the upper levels where the Zn grade drops.
3. Costs will be lower than previous qtr.
4. Intake of additional ore ( starting today ).
5. Pb price is holding well above Zn and Pb makes up ~25% in the concentrate.
6. Some higher grading eafd could be added to the concentrate.
I believe Intec have a good chance to maintain or improve on the revenue flow from the hellyer operation.
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