GREY:SOHFD - Post by User
Comment by
junior_mineron May 01, 2021 2:00pm
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Post# 33108737
RE:There’s something wrong with the treatment charges
RE:There’s something wrong with the treatment chargesI think I figured it out.
Their revenue numbers are reported assuming all metal is payable. Correction for approx. 78% payablility is included in treatment charges. It unconventional way to report the numbers. Higher ZN price in Q1 and lower TC for 2021 of USD 159/t helps.