RE:RE:Simple equation - projected stock price Q4 vs Q1I think you are missing the point completely!
You cannot compare a mostly hedged Trevali in 2021 when zinc was averaging around $1.30/lb for the year and barely squeaking by quarter by quarter to a mostly unhedged 2022 where zinc is so far averaging $1.70/lb. The company was not profitable in the past hence the slow decline in share price.
Investors would rather have a Trevali that produces less zinc but at 30 to 40% margins per quarter. Investors care about profits, not revenue. You can produce all the revenue in the world but without returns to the shareholders you have nadda!
Why continue to bash the stock? If you think the company is making up numbers and projections then sell your shares (if you even own any) and move on!