MKR: The Best Silver/Gold Play on the ASX., page-8

This is what the old mine produced at back in 2015 against a low silver price of around $20 aussie which got them into trouble..



so they are able to produce at call it $20 an ounce...

the Silver price is currently $40 an ounce and going much higher...

They have a plan to have 2 mill oz of silver per year through that mill for the first 5 years.

considering they have 52 million oz, if that could be done with the total resource we are talking 52 mill * 20 (margin at current price) = 1.04 billion / current issued capital would give you $5.38 per share.

Do your own research