SDV 3.09% 50.0¢ scidev ltd

sales, page-3

  1. 10,103 Posts.
    lightbulb Created with Sketch. 656
    ahhhh What the?

    It is a very simple concept.... they produce 60,000 tonnes of concentrate.... it is a mix of zinc and lead... say 36% Zinc and 14% Lead....

    They rejig the transition point, and still produce 60,000 tonnes of concentrate, and still a mix of zinc and lead... but now it is 32% Zinc and 18% Lead....

    Still 60,000 tonnes, but a higher lead ratio, and lead is worth more than zinc.... same costs, higher sales value per tonne...

    Not hard to understand....
 
watchlist Created with Sketch. Add SDV (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.