RE:RE:Positive Q3 ResultsFor some reason firecracker, you don't seem to be able to grasp what is important and why. Let my walk you through it, again.
Q3 average zinc was USD 1.06/lb.
Trevali operating loss was merely 60k before mark to market settlements.
At the same time depreciation was -22,5 millions. Sure there was couple of millions tax expense, 3 millions for interests and leases and some sustaining capital is needed too. But still their operations made the some 15 million effective profit. Annually it's 60 million = half of the company's market cap. And zinc is now 0.10 per lb higher.
Mining companies are not evaluated by their bottom line profit or loss.