Ann: Macy Scoping Study Update, page-106

SL1 is getting close to its first export. The zinc price has been knocked about with this so called 'trade war'.
Base metals will go on a mini rampage if there is a break through on that front.
The grade is king here and the company is still expected to make its market cap within the first 12 months of operations.
Once the DSO hits the wharf, they would receive 80 % plus of the money for the product and the rest soon after. These guys are smart and been around a long time. They would have some hedging going on with currencies to lock in a given outcome. Companies can get into real trouble if they don't imo.
They have Nobel and the Chinese going to take everything they can dig up. We should get some news on their first shipment when it happens. The stock should then move back over 3c quick smart. Its probably worth closer to 6c, when this is all up and running. dyor

ps
Once the zinc price returns to a sensible level and the shorts cover, the stock will also get a nice leg up.