RE:Civil Strike Officially OverThis agreement is like GCM instantly gets new mines for FREE, converting illegal mines on GCM concession into legal mines. Saves a lot of construction time for new mines.
Instant increase in production from new free mines
+ significant drop in risk from future strikes
+ plant upgrade increasing capacity at end of year
+ company operated mining increased from low to high grade
+ large increase in gold price Q to Q
+ income tax payment much lower in H2
+ corporate tax rate drops for next 2 years
+ debt to drop quickly with increasing gold price, increasing production, 2018 debs disappearing
+ more cash from interest payments dropping as debt is paid down
+ Marmato study to expand underground mine possibly including Marmato deep drill holes, eventual drill results from IAMGold joint venture
+ huge leverage starting from tiny market cap
The stars appear to be lining up for GCM.
Hopefully patience will be rewarded.