If Sabre Gold gets about $30 million + funding in late Q2 2022 thus gold production at Copperstone mine doesn't start until about Q3 2023 by my calculations based on facts from Sabre's latest vague press release... https://stockhouse.com/news/press-releases/2022/04/28/sabre-gold-announces-senior-management-appointment-project-financing-update
"Project Financing Update
Sabre Gold continues to advance discussions regarding project debt which will allow Copperstone to advance to production within twelve months from funding. Sabre Gold’s project funding strategy remains focused on minimizing dilution to our existing stakeholders. To date we are pleased with the progress made advancing discussions with potential lenders, Star Royalties, and our current lenders both of which are directors of the Company.
Sabre Gold is in the enviable position of being one of the few companies that owns a fully permitted gold project in the American Southwest that can be advanced to production within a very short timeline. The required restart capital remains in line with previous estimates. In view of the existing infrastructure and underground development the required capital is significantly lower than what would be typically required. Existing infrastructure includes a tailings impoundment, 600 ton per day mill, site facilities and over 4,300 meters of underground development.
Project financing will focus on project debt as the primary source which will minimize dilution and may include the sale of short-term investments inclusive of proceeds from option or warrant exercises. The Company is currently evaluating several project debt financing alternatives and will provide a further update as discussions advance further...."