RE:RE:RE:RE:RE:RE:RE:RE:Holy Smokes!!!!!They shouldn't need financing, they had 14.8 million of EBITDA in the 3rd quarter when they produced 32.4 million of Zinc and 9.7 million of Lead with average prices rec'd of 1.03 for Zinc and .85 US.
This quarter they are scheduled to produce 47 million of zinc and 13 million of Lead (by my calculation, Santlander produced 16.6 million in 3rd quarter while this quarter they are projecting to produce 31 million pounds of Zinc)
Current price of Zinc is 1.25 and Lead price is 1.07 (versus 1.03 and .85 last quarter)
EBITDA should increase by a whole lot.
Comments?