Bear you are still missing it.
The c1 for the current quarter is not representative because they refurbished plant and had reduced output for the period.
At nameplate volume they will break even at 42.
PEN Price at posting:
2.5¢ Sentiment: None Disclosure: Not Held
SMM Price at posting:
21.0¢ Sentiment: None Disclosure: Not Held
PDN Price at posting:
42.0¢ Sentiment: Hold Disclosure: Held
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