Not sure how you can get away with saying it is "not viable at the moment"?
I think you are also failing to see that Nimbus is also a Zinc deposit. The Zinc credits will ensure it is more than viable.
Here is a low down of current prices. Zinc is now sitting above the 10-year average, but it is definitely trending in the right direction and looking to test $3500 in the near future IMO!
Silver just hit a 12 year high over night and many analysts are expecting $50usd.
Do not forget these are all in US dollars in the above charts, so in AUD it is even more positive! There are huge profits to be made at current silver and zinc prices, even with a higher AISC due to the current inflationary environment. The high AUD values more than offset inflationary concerns. Anyone who says otherwise has rocks in their head or another agenda. Now it is up to management to start seriously moving towards Nimbus production. I don't care if they organise a JV partner with someone who can sort out finance to get it up and running. It is a no brainer to get it producing as soon as possible IMO!
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Last
4.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $49.21M |
Open | High | Low | Value | Volume |
4.4¢ | 4.5¢ | 4.2¢ | $46.87K | 1.078M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 93067 | 4.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.4¢ | 281053 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 93067 | 0.042 |
4 | 1101707 | 0.041 |
1 | 681147 | 0.040 |
4 | 280806 | 0.039 |
4 | 138289 | 0.038 |
Price($) | Vol. | No. |
---|---|---|
0.044 | 281053 | 2 |
0.045 | 943605 | 4 |
0.046 | 1056849 | 5 |
0.047 | 49728 | 2 |
0.048 | 45143 | 2 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
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