4q14 and YE NR here.
The question: Why were 4q14 earnings soft at TAHO?
- When your main metal is silver
- When you do 5.2m oz of the stuff
- When you sell the stuff at substantially less the market average price for the period
- And when your fail is the second time in a row
You miss earnings.
And no, Ferrari Kev, we don’t care about your deferred sales because you’ll sell those ounces eventually. We care about the crappy deals you’ve closed.