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Thanks spid. Earlier in the year they had grades of 62g/t. I...

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Froggy $

12,791 Posts.

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12/10/19

14:41

Post #: 40851428
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Originally posted by spid81 ↑

Hi Froggy,

I have a small holding in CZL,

I was reading that in 2022 they expect that production of zinc will outstrip global demand, which is based on the forecast of new mines that are expected to come into production, it will be worthwhile keeping an eye on the zinc price and the lme stockpile.

With CZL having high grade zinc, will be a lower-cost producer,

Silver only makes up a small part of CZL revenue,

Septembers update - 3,607 DMT of ore processed, with processed grades of 10.4% Zinc, 7.5% Lead and 32 g/t Silver

Silver 3607T x 32g = 115k grams = approx 4000 oz x $17 = $68k
Zinc - 3607T x 10.4% = 375t x $2300 = $860k
Lead - 3607T x 0.075 = 270 x $2150 = $580k

This assumes 100% recoveries.

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Thanks spid. Earlier in the year they had grades of 62g/t. I thought the grades would vary as they mine. I thought i saw a silver sale in the 100s of k in one of the reports.
SC also sold alot of shares this year. Prob when the price tanked. Due to his selling?

https://www.google.com/amp/s/**.st/...-consolidated-zinc-limited-asxczl-shares/amp/
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