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Pre feasibility study done in 2021 at $34 AUD per Oz silver price.
Currently around $55 AUD per Oz.
Back then AISC $17.45 per Oz.
Not sure what AISC would be now.
57 million ounces of silver at their Paris Silver Project.
( 57,000,000 × $55 = $3.135 billion, less costs )
Water source available, unpotable, not sure on details here but apparently will reduce costs of recirculation.
Open pit mining. 70% free dig.
So it's the Definitive Feasibility Study announcement I'm looking for this month.
They were holding off on that until the the new MD started, which he now has, see post above.
Might not get the announcement this month, but hopefully do.
It was the announcement of the delay of the DFS back in December 2024 that sent the share price tumbling. See chart post #59 above.
Reversal imminent?


Currently around $55 AUD per Oz.
Back then AISC $17.45 per Oz.
Not sure what AISC would be now.
57 million ounces of silver at their Paris Silver Project.
( 57,000,000 × $55 = $3.135 billion, less costs )
Water source available, unpotable, not sure on details here but apparently will reduce costs of recirculation.
Open pit mining. 70% free dig.
So it's the Definitive Feasibility Study announcement I'm looking for this month.
They were holding off on that until the the new MD started, which he now has, see post above.
Might not get the announcement this month, but hopefully do.
It was the announcement of the delay of the DFS back in December 2024 that sent the share price tumbling. See chart post #59 above.
Reversal imminent?


