Or perhaps just that it was seen to have held up too well once people rang the numbers. The low pon makes for a pretty terrible story. Sure still profitable, still even the most so, but costs keep rising and that includes ongoing capex per pound.
Not sure, maybe something but could just be catching up with the sector sentiment.
Remember also that unlike some of our peers we have no gold, nor much hedging ( nor fortunately any zinc).
EL
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