re: lonsec report available on aim website There really arnt any surprises in the presentation considering they have upped sizes in the mine plant and utilise a different mining technique.
The numbers are still very robust compared to the original BFS/Npv numbers but just what the offtake offers will determine how realistic these numbers are.
What one shouldnt forget is that these are US$ numbers and this translates to around $600M Aus.The IRR is fairly impressive too BUT this is with zinc at $4,000/t+.
The new November Lonsec report is now available on Aim's website for one and all to digest.
http://www.aimresources.com.au/pdfs/broker_report_20nov06.pdf
d.
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