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Mike good point and worth mentioning that Balkans Zinc who intend to float at some stage in 2017 are looking to raise £25m to fund a PFS on their similar albeit lower grade Monty Project. That makes the stage Parys is at against its current mcap look silly cheap. £20-30m mcap is the least we should be at post PFS stage.

LME zinc stocks looks to be going sub 300k tn. That's getting critical in my opinion. Zinc could go on a run very soon.

Do you know the 'capacity' they would allow for this visit. I know some of you on here are also in the AYM twitter group and we could likely have a fair few on there who would like to visit also. Brent could you post your contact details again if possible.

You will not get much for those pups if they look like this. http://imgur.com/1QUUuCY

Apologies if I was abrupt yesterday. When you have been in a stock for months and you know its daft undervalued someone turning up and saying this is a P N D without any research gets a tad annoying. Glad you DYOR and I reckon you have joined at just the right time. Well done

“We’re excited by the long-term prospects for zinc,” said Buncic. “Several major zinc mines have already closed and several more will in the next few years and worldwide inventories of zinc are falling. This creates a solid basis for strong and rising zinc prices.” With mine closures and dwindling production creating a very strong market for zinc, it would be reasonable to suppose that new mines will come online or that the Chinese will increase production at their mines. Buncic sees the market differently, “It would take three or four years for a new mine to be put into production, and the Chinese are unlikely to significantly increase production as they did in the last cycle due to environmental concerns of encroaching populations.” http://business.financialpost.com/news/mining/small-cap-news/ascendant-resources-riding-zinc-higher/wcm/c9d2b390-aef1-4658-9912-5ac01142d17b

So in effect what we await is the final piece of the jigsaw that will bring us to production.

Bill told me the PFS would be a quasi BFS and he would not look to develop any further modelling/reports prior to taking the project forwards.

I got this off an old broker note and I have changed the dates to reflect PFS before h2 and then factored out the same time gaps. The time from now to production is minimal in mining terms. This is not a five-ten year project in bongo bongo land that wars etc may halt it is a real project in boyo boyo land. H2 2017 Appoint Project Staff  Q3 2017 Acquire Suitable Processing Plant  Q3 2017 Submit Environmental Applications  Q3 2017 Submit Operational Licence Applications  Q1 2018 Commence Plant Erection  Q2 2018 Appoint Mine Contractor, Start Decline  H2 2018 Commence Production.

Afterwards who knows, 15-20p is more than possible, maybe higher. This is unique in its advanced development, this major zinc/copper/lead mine could be producing on our shores within eighteen months of the PFS being out. Not many if any can say that.

Large buy, I see no large buys? 200k shares large. This is the start of the momentum that will run prior to the PFS. It is often wise to get in before the move starts, if you dont you end up chasing like all those locked into GWMo at 2p+ Better to position yourself now prior to a major event and that 'small' amount of buying just shows how tightly held this is in the 4-6p range. £20m+ at the very least on the PFS could well be more.

Those who cannot be bothered tto do the most basic research come out with statements like that. Are you really that stupid. Look at the project and the value here. Dispute what I have written but do not just state rubbish like that without backing it up or you just look like a thicko.

Depreciate the mine cost at $4m per annum into the project and deduct that from the free cash flow and you get roughly $99,372,000 per annum return. All figures pre tax but with low UK corporation tax and no other tariffs to pay the mine represents in my opinion some of the best economics for its type in the world. Do the metrics on the above for an advanced project and post PFS I am sure will be at 20-30p per share.

Parys Mountain--Overview Well we are nearing the end of the start to get Pary's into production. The much heralded PFS will be an updated study prodduced by the company, Micon and Fairport based on the existing 78000m of drilling in JORC compliant resource statement of 2,114,000tn indicated and 4,114,000tn inferred metals in situ. The last RNS states that the company is looking to evaluate mining scenarios up to 1000tpa which is the max allowed under the current planning permission with release by the end of June 2017. So what does 1000TPA look like in reality? When in full production at 350,000 tonnes per year the mine is expected to produce about 20,000 tonnes of zinc, 8,000 tonnes of copper and 7,000 tonnes of lead metal in concentrates each year. In July 2007, Micon International produced a scoping study demonstrating the viability of mining the White Rock area at 500 tonnes per day with capital expenditures of UK pounds 15 million and operating costs of UK pounds 30.25 per tonne mined. Costs whilst expected to be slightly higher than 2007 will not be much different but a loading of 20% would be prudent so say £36.50 per tn processing. Smelting c$190 per tn and bulk shipping to the smelter/port logistics $10 per tn. I would expect the larger mine to be cost effective than the 500tpa facility but with the amjority of costs in the smelting best to leave the costs static. What does that look like in cash revenues; 1000tpd--360,000 tpa. Equals; 20,000 tn Zinc @ $2,494 ------------ $49,880,000 8,000 tn Copper @ $5,684------------ $45,472,000 7,000 tn lead @ $2,054-------------- $14,378,000 7,000 oz gold @ $1,250-------------- $8,750,000 100,000 oz silver @ $16------------- $16,000,000. Total revenues--------------------- $134,480,000. Minus processing mine costs $46 per tn X 360,000-------------- ($16,560,000). Minus Shipping/logistics Concentrate@20%weight-ore 20%/360,000 72000tn @ 10$tn-------------------- ($7,200,000). Smelting costs @ $200tn (metals) 35,000 X $200---------------------- ($7,000,000). Total deductions------------------ ($30,760,000) Revenues/all in costs---------------- $103,720,000 Per annum free cash from operations. Yes that is a cool $103,720,000 per annum NP from operations per annum at Pary's. All metal prices/shipping/smelting price units from June 2017. Assumption in costs based on 2007 with a 20% uplift. Micon forecast £15m to build a 500tpa plant,, so say 1000tpa will cost £30m. The company suggests the price to construct now will be less than 2007 and a plant twice the size would not require twice the capex but for this scenario we keep the capex at say $40m. Pay back is clearly in year one subject to other overheads/salaries/plc costs etc. This is one serious project with a mine life of at least ten years possibly much longer if further exploration is conducted. Depreciate the mine cost at $4m per annum into the pr

Move to double figures? Last RNS was the best for years, well the best since they started!

Very true, only gone down due to lack of action but 2017 sounds a tad different when you read the last update. Lithium & Copper also. Coud be a strong performer.

AD states 'substantial' Change of focus.

Not half year

Would have expected this to have moved more after last weeks news. Guess nobody reads half year reports unless they are told to do, lol. Some folk need to broaden their horizons a tad. Look outside the box past what #symbol is being promoted on twitter.

Just like I said it would a couple of weeks back. Mannan--Thats 50% up at least since you said it was a pump and dump. No P&D here, just getting something like reasonable value and that needs another 1-2p on the mcap.