News: CZL Consolidated Zinc Says 9,817 Tonnes Ore Mined In Quarter, page-8

The information on 2022 plan that was missing is whether the resource they are looking t dig is higher in sulphides or oxides. The more sulphide the more metal they are recovering. That is why the lower levels need to be dewatered and reached.

I also think the breakdowns and increased fuel costs are driving up mining costs. It will be interesting to see how zinc metal prices translate into concentrate prices. With smelters restricting production in Europe due to electricity prices peaking, I wonder if that will actually make much difference to us.

Certainly the September numbers in the presentation looked very promising, but they didn’t seem to be played up in the quarterly update. I wonder why? Surely Brad and co knew the market would react as they did on Friday!