RE:RE:Will $.18 hold?
yey, by-products , but worthful to mention because about 1 million oz of silber is a notable number... a good price in silber is able raise the basket-price for the entire product... so we have 0,90 AISC (mabe a bit more) and 1.20 USD price for zinc ...
"Consolidated production guidance for 2021 is estimated between 330 – 360 million pounds of payable zinc, 45 – 50 million pounds of payable lead and 925 – 1,025 thousand ounces of payable silver."
..bottomline.. about 100 million USD EBIDTA ..."Capital expenditures for the group is forecast at $50 million, consisting of $39 million in sustaining (included in AISC) capital, $6 million in exploration capital, and $5 million in expansionary capital." ...healthy cashlow for paying down debt in 2021
C1 Cash Cost1 is estimated between $0.80 – $0.84 per pound of zinc and AISC = appr 150 million usd cashflon in front of all expenditures ( at zinc spot near 1.10$ per pound because half of production hedged about 1.20$) ... +silver/lead-credits ....
unless zinc goes below 1 USD/pound TV.T will make good money this year and will prpare for the Rosh Pinah-expansion in 2022 wich will brink down costs further ....