SL1 0.00% 0.0¢ symbol mining limited

Hi all, I thought I should calculate the near term revenue...

  1. 5,541 Posts.
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    Hi all,

    I thought I should calculate the near term revenue coming to this gem based on today's Zn and Pb price,

    Macy Deposit (Inferred and Indicated JORC Resource) - 122,900t at 21.9% Zn & 4.4% Pb

    Pb price is USD 2,322.78 per ton today
    Zn price is USD 2,757.50 per ton today

    so,
    122900t*21.9%=26915.1t*$2,757.50=~US$75M
    122900t*4.4%=26915.1t*$2,322.78=~US$13M

    we have other massive mines like Aisha with high grade Zn/Pb to explore/mine, much bigger than Macy.
    DYOR
 
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