this morning. No major surprises. Cash balance at end December $136.4 m or 69 cents per share. I think my guesstimate of $140m was the closest, but correct me if I'm mistaken. This implies a loss for the quarter of around $3 to 4m, on the back of a slump in operating margin to 10c per lb Zn (previous quarter 44 cents). Production for quarter 91 kt Zn, 12.5 Pb. Early market likes it, as some uncertainty removed.
