SL1 0.00% 0.0¢ symbol mining limited

Ann: Trading Halt, page-9

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  1. 42 Posts.
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    Just going back over some info to get a grasp of where we are at. From what i can see (and please anyone correct me if i am wrong), we currently have US $5million debt and if we base income off a 2800 zinc price we end up with US 11.3 million-so net US $6.3 million. Considering we have reported lower grades lets say 3.5- 4.5 million net, with 2 processing plants with a 3000+ tonne per month capacity. If we can get to this whilst finding good targets things should move well. A moving zinc price (which i believe will happen is an extra bonus) .Execution has been poor and i think overly ambitious previously but all a learning curve i guess. Lets see if they can get the ball rolling.
 
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