no new news, page-23

I still struggle to compare the two quarters.

In the first quarter the mill treated 40k t and produced 2.5kt at 48% zince etc... So far this quarter we have treated 32kt and produced 3.5k t zinc at 48% etc i.e. we have treated less ore but produced 40% more saleable output. The first runs where smaller and yet would have had similar overheads staff wise to the larger runs, thus why they are expecting a reduction in costs - you produce more you get more efficiencies.

But enought about that time will tell.

One thing to clarify
1.58m admin costs (this is high)

This would have included the site visit costs in Feb and pre costs for the open day in early April.

Also a number of costs for the cap raising / debt etc - looks like they are seperate?

So possibly a couple of one offs in there? can't remember how many attended the site visit?

Looks like they are predicting 1.1m for next quarter.