"the quarterly is going to be a whopper! should have record production and have cracked 3,000 on price by then (1 month)."
Wouldn't get too excited about this quarter, with Far West development costs peaking, but things are lining up well for the following quarters...this quarters spend was expected to be $21.1 M and at a guess income will be similar , possibly higher, it's hard to pin down as payments can carry through quarters and final payments come later.
Next quarter onwards we have production stepping up combined with production and development costs coming down, best of all its coinciding with product prices currently heading north and looking likely to stay that way for a while IMO...
Currently ZINC is around A$4000 t , started the quarter around A$3500 t probably averaging around A$ 3750 t..
IMO I think it's safe to say we have turned the corner and the shareprice should track the price of ZINC in some fashion, with increasing performance eventually exacerbating it...
Cheers Whisky
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