Thanks PSI...I gather the $150m includes mine works and processing facility.
I'm still struggling to see how they intend to get 47g/tonne of silver (which is 1.5oz) out of each tonne and make a profit....even if they retailed the silver that would only get them $37.50 return on each tonne mined and processed...surely just the mining cost to extract and move the tonne would come in higher than that (mine costs/machinery/driver/diesel/R&M/admin)...let alone;
processing
capex
profit
???
Lots of detail on the ground held and the ore potential but little on the extractive side.
Any help here would be much appreciated.
Positive Article, page-10
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