Your 100% correct Parrot. They can sell at any price. The puts were there incase Silver went to say $20. In that case they could still get $27 for the ounces you mentioned during the start up of mining.Cant see it going to $27 again thats for sure. Some might say what a waste of money throwing $1.5m away but if the price was under $27 we wouldnt of been. It had to be done and thats that.
Scorp
silver commissioning - ahead pf budget ..., page-33
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