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If the silver price remains flat at AUD$26 the numbers work out...

  1. CtMonteCristo
    110 Posts.
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    20/05/20
    22:09
    Post #: 44737467
    If the silver price remains flat at AUD$26 the numbers work out to be ~ AUD$76 million for the silver component of the tailings deposit.

    Personally I think the silver price will double in the coming years. And I think that NCZ can still renegotiate better terms with the smelters.

    Also these numbers don't factor in the ~20 million ounces of silver that is indicated and inferred in the In-situ deposit.

    Last edited by CtMonteCristo: 20/05/20
    NCZ Price at posting: 25.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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