silver 47m oz resource +1m oz pa prod , page-12

Hi Ricky,
Yes its exciting stuff and also one questions ones calcs thinking this cant be that good.
The 9000kt you mention is - two years of copper concentrates contained silver.

My calcs were based on annual prodn in which I included 4500t of Cu conc (at 4374g/t Ag)
27000t of Pb conc (at 478g/t Ag)
and
53000t of Zn conc (at - lost the slip of envelope!)
which gave the result.

Maybe I am missing something here myself but I assessed what I thought was the projected mined and processed rate of resource without looking at recoveries.
If the payment for silver credits is based on only 65% recovery its not as attractive - but its all so far an overlooked bonus with stress on bonus because of the increasing silver price.
Cheers J