Nothing wrong with this production update..... Didn't finish the...

Nothing wrong with this production update..... Didn't finish the incline bypass until well into November. They will easily mine 3000 tpm in December. Zinc prices firm and $US / $AU exchange rate still around $1.39 so plenty of profit being made even on small ore hauls.  Development of shaft incline will bring ore levels even hire early to mid next year.  Off-take agreement with Groupo Mexico is at market prices so no mates rates discounts.  Sick of people complaining about con notes and dilution when market price right now is at a 21% discount to the last cap raise. Stephen Cupolous and Andrew Richards both tipping in $100K each at 2.4 cents.  The current MC is a measly $18 million and at the levels of production from just todays announcement (NOV) the companies profit would be somewhere in the vacinity of $3 million. This is so undervalued that Dec production of 3000 tpm should see this re rate to near 5 cents IMO. Anything under 2.4 cents IMO is cheap given that the last Cap raise was to acquire another 39% of the company. 

GLTAH

Cheers Rb