Third para of the Chairman's review of ops in the annual report...

Third para of the Chairman's review of ops in the annual report says that "We also intend to trial the lead circuit in the next few months, once we have achieved our target silver production level of 200,000oz per month and we are confident that lead recovery will not sacrifice silver revenue."

Lead at 1%, mining 150,000t/qtr is 1,500t of contained metal worth $3m in its refined state at 100% recovery. The 18/6/10 ann. gives an anticipated recovery of 55% for the lead which is probably a gross revenue of $1.3m (as it won't be pure) - but then, it also has an Ag cash cost of production of $10.20/oz, or $6.50/oz after the lead credits.

Interesting read, that announcement.