SMM 20.0% 0.4¢ somerset minerals limited

4000tpd here we come, page-21

  1. 145 Posts.
    Paul100

    Total cost includes not just IDA but other costs not included in C1. I was wanting to know total costs to see how much they are forking out.

    I read last years quarterly. So refining costs are included in cash costs. That is good. Incidentally did you note that in the 2007 quarterly EBIT was splashed everywhere last year. Try and find EBIT in the most recent quarterly. Why don't we know how much they are getting for the concentrate in Q1 2008?

    This reinforces my pessimism about $2.

    I lack your faith in these guys but I am sticking it out for another quarter. A good EBIT in Q1 2007 and it is very prominent. Presumably if it was good last quarter shareholders would have been given the number in the quarterly. They should stop the spin and extract the digit.
 
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