I assume the Scoping Study was based on the high grade core. I calc'd it as being 13.80% ZnEq at today's prices.
Or alternatively 6.18% CuEq. Even at the low recoveries you suggested due to Ag content that is pretty handy for what can be mined as an OP.
But agree they have some challenges ahead of them and the wash up of it all will be interesting.
Given you have obviously been critical and price has traded higher than current within the past few months what's your rationale behind holding? Or wrong disclosure?
MYL Price at posting:
5.8¢ Sentiment: Hold Disclosure: Not Held