spot on, no argument there
it's just interesting that the resident vocal critic didn't understand this pretty basic premise (claiming no real companies referenced their C1 costs) and then continued to dig by estimating that the century C3 would be 2 times the C1... comparing it to a small scale traditional mining operation which has large exploration spend relative to it's revenue, undermining credibility; but i guess shorters are just a part of the market these days and they need to push their book
anyway, most interesting will be to see if this week consolidates zinc at $1.10+ (in USD for those playing at home who have trouble with forex, but no issue with reading company financials), sentiment to zinc sector has been in the toilet, so a reversal of that would be welcome
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Ann: CENTURY OPERATIONS AGAIN DELIVER RECORD METAL PRODUCTION, page-61
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