Well, AUN has seemed to be in disfavor lately as Ag rebounds. Now I recognize there is apparently some skepticism over the longevity of the movement in Ag, as shown by the number of silver producers moving down yesterday despite the Ag trend. All the same I am looking for the reasons for the apparent disfavor toward AUM. From the brief numbers in this NR I see that tonnes milled, and grade, are both up, but silver production is not up as much as the change in volume milled and grade. So that must mean recoveries of Ag declined with the ore more rich in lead and zinc, correct?
All the same the numbers look favorable to me and all ramp-up activities sound like that are tracking per planned schedule.