It makes Nimbus worthy of operating. That is for sure. In the last quarterly, management did say they were working to get the latest economics for Nimbus so hopefully we hear something in a few weeks' time in the quarterly. Or like most things they said in recent years, they never worked on it. Let's wait and see. However the bottom line is that at $41aud silver, most silver mines will be generating decent profits. There is still a long way to go yet in the silver price re rate IMO.
Hot Gos on Gold, page-12
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