I was wondering if their was still a pulse.
For the last 6 months they have had the data room open and not found a way forward.
Herron has a almost new plant and U/G mine ready for production.
The mine development was commenced on the following proposed steady state production:
Zn 40000 tpa US $1.00/lb
Cu 10000 tpa US $3.00/lb
Pb 12000 tpa US $ 0.91/lb
Ag US $17.80/oz
Au US $1200/oz
At current metal prices this would amount to an annual + $100m AUD uplift in profit.
The mine and infrastructure is very well located, hopefully we have an actual miner take over from these clowns.
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