GREY:SOHFD - Post by User
Comment by
junior_mineron May 02, 2021 11:59am
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Post# 33110681
RE:RE:RE:There’s something wrong with the treatment charges
RE:RE:RE:There’s something wrong with the treatment chargesYes, I meant to say they calculate revenues as if the payability rates of metals in concentrate would be 100%. In fact they get only 78% (like everyone else). The difference of 22% is reported in selling costs along with TC of about USD 300/t. There is nothing extraordinary in this. Compared to companies who report revenue based on payable metals, TSN exaggarate both revenue but also selling costs. The end result is the same.