GREY:ADAIF - Post by User
Comment by
retep6on Jan 19, 2008 6:55am
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Post# 14229349
RE: ADA math 101
RE: ADA math 101Actually, using Q3, that calculation is quite easy. There was only one shipment, and only one source of revenue. So you can deduce that the concentrate brings approx 2/3 the price of the actual metal. As a previous poster pointed out, this is due to transportation & smelting costs.
And it's not that ADA is secretive; NO companies divulge their actual metal contract terms that I have ever seen.
gl all