RE:RE:RE:RE:RE:RE:RE:RE:RE:TREVALI EXTENDS ZINC HEDGING PROGRAM OUT TO END OF 2021 Petz, you are exposing yourself as unable to do simple math to all those who read this board. Q3-2019 clearly showed the Caribou AISC as $1.25. Adding $.10 for overhead is very reasonable. If Firecracker where here, he would agree. Adding another $.10 for the cost of reopening the mine is also very reasonable. You think you can start up a mine for free? Blue Note spend about $100M reopening the mine. Of course, it was in much worse shape back then. But you are not going to reopen for free. Hiring, training, and getting everything running again is going to cost money.
You say my assumptions are "funny" but you offer none of your own. You just seem to think everything above AISC is free. Now THAT is funny!
And the last thing you do not seem to understand about mining is that metal in the ground IS WORTH MONEY. All you have to do is wait for it to be economical to take out. Since you know nothing about the costs involved in mining, you have no idea when that economical point would be.
Trust me, for Caribou, that point is around $1.50. When you do not understand something, you should defer to smarter people such as myself.