HRR - Updated NPV calculation, page-20

Further to my reply above. This quote from Reuters today.

MINERS: “Higher zinc prices have helped miners’ profit margins, and this should work as an incentive to miners to speed up their pipeline of projects or restart idled operations,” GFMS analysts said in a note.
“However, it is ‘too little, too late’ to fill the concentrate supply gap that we forecast in 2018.”

As a side note I had a random individual representing a company in Iran looking for Zinc concentrate and our business doesn't deal in commodities, rather financial markets....so the industry is in dire need of supply, which simply isn't there.

Heron is in other ways and this is just my opinion in exactly the right place at the right time to take advantage of high and likely continued high zinc prices.