Record Production!! Another jump to 16k oz per monthWow i thought the jump from 14k to 15k was great and was hoping for at least 14k for June, but instead it jumped again to 16k :)
"Company-operated mining areas improved to an average of 11.3 g/t in the second quarter of 2017, up from an average of 4.4 g/t"
This is exactly what i was hoping for, since last year. Finally becoming true.
16k oz x 12 months = 192k oz per year if they can keep this up.
Q1 39k oz
Q2 46k oz
This will be a big jump in free cash flow for sure at a higher gold price.
$3m to be redeemed soon at the end of July and a lot more $$ to be redeemed with Q2 free cash.
Method, as a typical holder of 2020 debs, what will you do with the cash you get from the redemptions, are you going to buy any shares with that cash to boost the share price up?