Will be interesting to see the difference in sold prices for Lead and Zinc this quarter. I'm not sure that falling base metal prices to this point will have an overly large impact on revenue QoQ . The falling Aussie dollar and the still comparatively high gold prices should insulate revenue somewhat! Clearly if Zinc and Lead prices keep falling then that becomes a much bigger issue. The quotation hedging for Peak in the March Q must have been entered well before zinc prices hit their highs.
Chart in USD
AMI Price at posting:
39.0¢ Sentiment: Buy Disclosure: Held
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