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United Arrows Ltd. (via Public) / Monthly Sales Report for June 2021

United Arrows Ltd. (via Public) / Monthly Sales Report for June 2021
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Sun Communities, Inc. Reports 2020 Fourth Quarter Results and 2021 Guidance

Sun Communities, Inc. Reports 2020 Fourth Quarter Results and 2021 Guidance
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Alphamin Exceeds Fourth Quarter Guidance and Achieves Record Production/ Provides Update on Growth Initiatives


 
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Production information is disclosed on a 100% basis. Alphamin indirectly owns 84.14% of its operating subsidiary to which the information relates
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Operational Performance
Tin production increased 13% to a quarterly record of 2,898 tons and was higher than our previous market guidance of 2,600 to 2,800 tons. This outperformance was due to better than expected tin feed grades and plant recoveries. The processing plant performed at an average recovery of 74% for the quarter, including a record recovery of 77% achieved in December 2020.
Quarterly sales decreased by 14% due to extreme seasonal rains impacting export road conditions. Weather stations across the export route reported rainfall above 159% of the long-term mean. The short dry-season (Jan-March) allows road maintenance to be done and already road conditions are improving, and we expect to recoup the majority of the quarter’s sales shortfall during Q1 2021. ....

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