RE:Q2 financials are meaningless >>>Thanks Notgnu.
This small cap mine world definely requires cool surfing and time. The wild debates on up down seem a bit over done sometimes . Maybe the proximity to large potential capital gains makes people slightly bonkers. The banter is definitely entertaining . Also the wildness of the world these days definetely puts people on edge.
Cheers, Aurens
Notgnu - (7/20/2021 3:47:28 PM) Q2 financials are meaningless >>> Everyone seems to be on pause waiting for Q2 but we kow what they will be like + or - $10 million and realistically it means F. all, other than for traders trying to game the stock.
The important thing is of course the confirmation of 3,000 tons per day as well as the progress markers to confirm the 5,000 tons per day later this year.
The poit to remember is 60 million pounds of copper by late this year and 75 milloion pounds when they run the opperation up to 6,500 tons per day next year.
All in cost $1.86 per pound make for a lot of free cash flow.
And this is all without the PERMITTED open pit for which the drilled property asset is worth more than todays entire enterprise value.
Cheers,
Notgnu