OXR oxiana limited

gold crashing again, page-10

  1. 264 Posts.
    people talk about gold and copper
    but the biggest driver of OXR earnings is ZINC

    Golden Grove is a MACHINE, when taking into account lead credits, costs are 20c/lb (see production report for Q1)

    And zinc price after what they call in the media as "huge correction" biggest fall in 16 years on monday of 12%... still we are at 1.40-sumthing now.. so LOOK AT THEIR MARGINS

 
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Currently unlisted public company.

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