Cost of Production Geezer, the cost of production did not sink significantly because as far as i know the costs are only attributed to the metals sold and not produced.
"Revenue represents (i) gross revenue derived from the sales of metals in the applicable period les
s transportation,treatment, refining, penalties and selling costs associated with such sales, (ii) plus or minus realized final liquidation amounts relating to metals sold in prior periods, (iii) plus or minus mark-to-marketadjustments based on unrealized price fluctuations at period end relating to metals sold in the current or prior reporting periods prior to completion of final liquidations relating to such sales."