Shasta_NZThe 2.25 is (total cash production costs less precious...

Shasta_NZ

The 2.25 is (total cash production costs less precious metal credits)/ lb/s produced. It's $2.25/lb in the qtly

Out Cold

The normal GAAP accounting principles would be applied matching cost's with sales.

On the numbers I saw in the qtly it's 2.25/lb.

They stated nameplate capacity through the mill so the only rampup left is with recoveries and normally there would be 10-15% in that max which gives you 10-20 % improvement on costs. The 2.25 turns into 1.75 at best it still doesn't leave much margin at 1.80 copper not to mention no sustaining capital in there.