last chance to exit?, page-10

Brisbanecam, not quite, but the recovery might only be 70%, so that would give:

80,000 T x 80g/T = 6,400kg, x32 oz/kg = 204,800/month = 614,400/qtr x 70% = 430koz/qtr.

So they are more than doubling production to an annual rate of 1.72Moz from an annual rate of 0.839Moz in December qtr? Must be the influence of Pad 4 coming on line. Ah, but, that's not what they say at all. What do they mean by "processing 80,000 tonnes per month"? That's not the same as production .....

D'Slyva and Morrison are both financial guys by the looks of it, they must have got someone in who really knows silver.

Does this mean the Bergen deal has fallen through? If it has, how does $2.5m from "an Australian based investment group" replace $5.5m from Bergen? Why did Bergen pull out? What happens to all those shares issued on 26th Feb for free? More questions than answers from that announcement.