GREY:RNKLF - Post by User
Post by
SeaOfSandon Nov 14, 2018 10:46am
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Post# 28972013
3Q18 3 Month Performance
3Q18 3 Month Performance3Q18 3 Month Performance
- SH Equity ER p5: 2Q18 C$(1.148M) -> 3Q18 C$12.573M
- Performance added $13.721M equity value from a BK negative.
- C$44.84M total liabilities removed 2Q18 -> 3Q18. Less BH sale C$6.47M TL removed.
- C$10.456M debt payed, C$9.448M in cash, C$0.474M debt left
- MD&A p21: Tolling C$9.032M, capital dev C$2.105M, stock C$3.959M
- AISC C$31.515M C$1057.8/oz mined, less stock: C$27.556M C$924.9/oz USD 711.46/oz mined
- 5987 oz are left to sale
- ER p12 Inventory Footnote1: 11,361 oz high-grade on 9/30 + Oct Gold
Add the Oct/Nov gold as well, $18M in the bank as they stated
and only less than half of the high grade gold sold from 3Q18!
Below 56c, this is traded below Dumont 20% NPV
while company is all green on the balance sheet - recovered.
Don't we love ER dips? Go figure.
Projection: EOW above 20dma.