TELSON RESOURCES INC SOHFD

There’s something wrong with the treatment charges

[junior_miner]

In Q4 Telson sold approximately 12000 tonnes of concentrate. Treatment and selling charges were USD 9.3M. This is USD 775 per tonne. Benchmark rate for TC was 300/t last year. Telson has either really bad logistics and or huge penalties on their concentrates. Now TC benchmark is 159/t. It will be interesting to see how this trickles down to Telson's costs. Will it be proportional decline or not.