Wednesday, January 16, 2019 10:12:03 AM
The companies guidance was for 6 to 7million ounces of silver annually at a cash cost between 8 to 10 dollars an ounce. What they didn't say is what the silver eq ounces with zinc and lead added in or the all in costs. Let's say as an example that we produce 8 million silver ounce eq at all in costs of where silver is right now that would be break even although I'm hoping for profit even at these prices. O.k our share would then be 2 million ou eq anually.
So every dollar silver goes up its 2 million dollars to us. Not bad for a co. With a 25 million marketcap. Just opinion.
Oil
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