So I predicted Production of 25.9kt(55kt @ 47.1%) v Actual 17.8kt
and I predicted Sales of 23.2kt(50kt @ 46.4%) v Actual 26.4kt
Over and out of here. Good luck SS not only with cyclones but with the zinc price that is down to $2608/t(US$1.18/lb)(A$1.79/lb)- if it drops another A5c/lb it will rub out the remaining losses on the hedging - so all they have to do is align costs so as to make a profit on A$1.74/lb - as I said good luck with that.
NCZ Price at posting:
$1.10 Sentiment: None Disclosure: Not Held
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