Post by
nofluff on May 13, 2024 11:22am
Different ways
To get the 16 million cad. Deficit to even Q2.
Q1 was about 10 million gross. Need 30 million.
Copper average of 7.00 cad. Will help.
3 thousand tons per day will help.
1% grade will help.
Let's run those numbers.
3000 × 20 × 7 × 90 = 42 million.
That would provide cash for piping, crusher completion, and smd.
Ng
Comment by
nofluff on May 13, 2024 12:10pm
Now let's look at q4. Speculation. 5000 tpd. 40 pounds per ton. 10.00 cad per pound. 90 days. 5000 × 90 × 40 × 10=. 200 million. That leaves 150 million free cash to clean up all back interest and Pala loans. A five or 10.00 sp would b cheap. Nf