RE:ATH Status and outlook 1-3 months.I will repeat:
Having gone to the brink of bankruptcy a couple of years ago, management should have learned a hard lesson about debt, just as we the long time shareholders did.
If ATH is in a net cash position after the Duverney sale, they should take advantage of that and pay off the entire 10% term loan. They will still be able to cover an aggressive 2024 capital program with just the cash flow from operations. I want the banks out of our affairs once and for all. I will go further and say that they should be hedging WCS for the next year up to maximum. This will distinguish themselves from others and you will see a higher price than 4.60