RE:RE:Best guess for tomorrowThe one thing that seems clear from the report is that Caribou did them in. The guidance going fwd is 1.28 all-in-cost per Caribou (high end estimate) and so they will need higher Zn prices to make that particular mine profitable. It would be interesting to know wat there earnings are with Caribou subtracted out.
It's easy to criticise, but it doesn't appear the allocation of resources to the various mines was especially well managed. It also isn't exactly clear to me what exactly they are writing off (the mine value ? - if so which mine ?).