Lead price currently approx $2100 and silver approx $23.20 so mine certainly profitable at these levels with exchange rate .67 approx.
Plenty of projects having problems with lithium and nickel projects in particular due to low prices so lead looking very stable in comparison and Sorby Hills on the cost curve is a low cost mine (see corporate presentation) and plenty of jobs currently under threat from closing mines in WA so the State Government must be getting nervous and praying that the iron ore price stays high or things could get ugly, the outlook for lead looks stable and silver looks interesting to say the least, certainly potential for an unpleasant surprise for the boiler room boys.
Lead price currently approx $2100 and silver approx $23.20 so...
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Last
10.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $24.50M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.5¢ | $14.73K | 140.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 118016 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 448301 | 7 |
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| Last trade - 15.24pm 11/07/2024 (20 minute delay) ? |
| BML (ASX) Chart |