Altaley Mining (TSXV: ATLY) achieved record low zinc production costs in 2Q 2021 with cash costs of US$0.48 per lb and all-in sustaining costs of US$0.77 per lb!
Zinc prices are continuing to trend upward and are currently trading for $1.3521 per lb!
ATLY's 2Q 2021 cash costs declined by 33.33% from 1Q 2021 while declining by 61.9% from 2Q 2020! ATLY's 2Q 2021 all-in sustaining costs declined by 14.44% from 1Q 2021 while declining by 64.52% from 2Q 2020!
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. NIA has received compensation from ATLY of USD$100,000 cash for a one-year marketing contract. NIA's President has purchased a total of 1.25 million shares of ATLY that he continues to hold. This message is meant for informational and educational purposes only and does not provide investment advice.