ddzx
please in future get your facts in order before posting, if you have any doubts feel free to contact management for clarification on the study, I have found them to be extremely helpful
"The study estimates a Net Present Value of US$609 million (US$354 million post tax), and generates a high Internal Rate of Return of 32.0% (22.2% post tax) and an Equity Return of 37.9%.
The study utilised a long term zinc price of US$0.835 per pound, and lead price of US$0.95 per pound for the life of mine; and a zinc price of US$0.85 per pound and lead price of US$0.90 per pound for the first 5 years, and confirms that the mine would be profitable to-day".
ddzxplease in future get your facts in order before posting, if...
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