Ann: Quarterly Activities and Cash Flow Report 30 June 2020, page-5

To my reading they didnt sell it as no mention in extract below - will need to be carified

2.2. Concentrate Sales & Marketing

Red River sold 4,151 DMT zinc concentrate, 1,003 DMT lead concentrate and 2,326 DMT copper concentrate
during the quarter. All concentrates were delivered under long-term offtake agreements to Trafigura (zinc and
lead concentrate) and Glencore (copper concentrate).

The Company continued to execute a short-term hedging program over the quotation period (QP) for sales of
zinc and lead metal already produced. Typically, between 80 and 90% of the payable zinc and lead metal for
each shipment of zinc and lead concentrates was hedged for the period from the issue of the first provisional
sales invoice to the final settlement of the sale, which may occur one to three months later. The QP hedges
currently in place on the quarter’s zinc concentrate sales are US$0.91 and US$0.99 per pound of payable zinc
metal and US$0.81 per pound of payable lead metal.