RE:RE:RE:RE:RE:Caribou reopening?firecracker74 wrote: I was talking about the $10 increase in the price of silver. $25 silver instead of $15 silver adds an additional $6.5M in silver revenue that wasn't there when Caribou was open before. This reduces AISC by .10 from what it used to be.
We understand that Caribou does not produce metallic Ag (Ag goes in cc of Pb). Therefore it does not receive 6.5 million (for the increase from 15 to 25) nor would it receive 16.25 million for its total production. Ag increases the value of cc of Pb, and thus is liquidated