Don't disagree with the overall intent of what you have written as I love BSM some of the figures are a bit high are they not?
1) Fossey - is currently being mined and holds 3.5m oz SILVER. This has recently increased as the halo ore is now being mined around the high grade ore
Yep agree its got 3.5m oz but based on the older pre halo figures we are only going to produce 9kt at 4374g/t ag so in total 40m grams or 1.4m ounces over the two years(based on original 2 year plan of 886k tonnes or ore), so only a 40% recovery.
Or am I reading something wrong. In my mind all this of course changes when they get the albion or pressure oxide in place and can get north of 65% recovery of silver.
Also agree that silver revenue here is the one that has been missed.
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