I worked out 400,000t of ore at 45g/t ave with 45% of Silver to be extracted. 69% recovery gives 180,000 ounces for basically nothing. At $20 profit thats $3.6 million, and we can work out higher or lower profits from my figures if i worked out correctly. I'll take a stab and say what AYN are doing right now might cost $7.50 -$10/ounce. Cant recall ever seeing costs for the ore there treating atm. Anyone know?
Scorp
AYN Price at posting:
7.0¢ Sentiment: LT Buy Disclosure: Held