OTCPK:NNDIF - Post by User
Comment by
ZincDink1on Mar 02, 2020 1:05am
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Post# 30754412
RE:RE:Looking at TD report
RE:RE:Looking at TD report
If you look at things a little bit more, revenues were down as zinc prices were down for that quarter - but raw material costs were also down. For 2019 they sold 168 M$ with a raw cost of 128 (40 M$). In 2018 they sold 192 with a raw cost of 171 (21 M$).
Just noticed SA costs were up almost 1 M$ for this quarter compared to last year. Management party fund?
I agree with you though that revenue looks a bit lite.
The cloak and dagger stuff about TC costs is going to be a bit of a worry.