Sure, but this is not the full feasibility study. As it says they cannot release that.
I see this report as showing us "what is possible" with where management thinks this project will go with the next round of drilling and commodity prices. They are bullish on pricing, so are most here, but the pricing they chose is still only very marginally above the monthly average for Tin prices as of the day the report was completed (yes they dropped away a bit in the following days, but that's not when the report was completed).
On top of that, because there looks to have been an error from SML on some figures, we will need to see an update or confirmation before we can assume anything.
As for the commodity prices used, that's not difficult to adjust as you see fit for your own research, but as I'm sure you would know the full report would of course indicate a lower, average and higher target calculation for the commodity prices (at the very least). That's just not what they were allowed to release yet, thus a "what's possible" report instead.
Are you really here because you believe Tin prices will still be below $22,000 in a few years time? Me neither.
NAE Price at posting:
0.8¢ Sentiment: Buy Disclosure: Held
(20min delay)
