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cliffvb

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cliffvb

Re: researcher59 post# 34675

Friday, 02/03/2006 11:31:10 AM

Friday, February 03, 2006 11:31:10 AM

Post# of 173859
Research, Re: EZM and the $9.2 Mil credit from hedges. I agree it sounds high but this came up near the beginning of the QandA period in the last conf call. Mgmt said they would be taking the credit for this in Q4. It wasn't clear to me as to why. Perhaps they were crediting back some of the charges they had already taken. The conf call is still available on their website if anyone would like to check it out. Also they discussed bringing zinc production in the second half of the year. Mine start-up costs are estimated at only $3 million.
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