Question!
Are we basically looking at around 3% zinc from tailings with a plant throughput of 7m tonnes?
My maths tells me thats about 21000 tonnes by $3000/tonne so revenue of $210m just for zinc and without improvements via the feasability study.
Then add lead and silver
Round it up to say $300m ebit etc?
Might be a silly assumption though think someone in the know may be able to clarify how to project fwd earnings which in my view would be very interesting in determining a value / share based only on earnings.
I appreciate any views to follow up
NCZ Price at posting:
85.5¢ Sentiment: Hold Disclosure: Held
