RE:RE:RE:Undervalued "demonstrate namelate capacity by Q4. Assuming one shift allowed?"
The terms of the SLW agreement require 30 days at 400TPD ending 12/31/2021. The latest agreement is:
"If the completion test is not satisfied by December 31, 2021, the Corporation will be required to pay a capacity related refund to Wheaton in the maximum amount of US$8,788,000, which can be further proportionately reduced by mine production and mill throughput exceeding 322 tonnes per day for a 30 day period prior to December 31, 2021. The Amended SPA is secured against the Corporation’s mineral properties until repayment of the original deposit of US$50,000,000."
...
It sounds a little scary, but Wheaton has been amenable many times over the last few years to renegotiate the agreement, with sweeteners, rather than call default.