Zn price is the key. Interesting to see the numbers at $US1.50/lb and a fantasy $US2.00. Over an eight year mine life we will see the $US2.00 for sure and maybe more by 2010. We still hope for a resource extension from the mystery drilling there in July last year so that will add to the NPV. I recall MF suggesting the approx 16% head grade would result after the resource extension was defined? (We should bring him back....his numbers were far more attractive)
But then again I've always been the optimist with this one.
calcs based on review, page-22
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