It’s possible but we’ve now future sold 100% of our share in...

It’s possible but we’ve now future sold 100% of our share in ABRA (60% of the total) at a premium to spot. That means we have confidence that the concentrate will be sold IF we produce it. The margins are very high with Pb and Ag at these levels so it would take a very substantial drop in prices to render this project uneconomical. So yes there’s a risk our margins will shrink but that same risk exists with every metals miner.

Even if prices come back from here and we go into production, the current valuation would be dramatically under the appropriate levels for a cashflow positive, profitable miner.

My point is, we can take a big hit on commodity prices and still go into production which would mean we’ve still got considerable upside even in the face of lower margins.