was re-reading reports and had missed thisAt February 28, 2023, our cash balance was $71.2 million, up from $50.8 million at the end of 2022. With this strong financial position, the Company prepaid $15.0 million of its term facility in early March 2023, reducing the debt outstanding to $35.0 million. This marks a 60% reduction in debt within the four months of declaring commercial production. A revolving facility of $70.0 million remains undrawn and available to the Company until November 27, 2026.
so 56 mil cash ....with debt of only 35 mil...can you say DE-RISKED! ...not to mention the 261 kilotonnes of already mined ore sitting in stockpile...
i think i have talked myself out of trading SIL anymore,,,i think (IMHO) it is time to HODL...GLTA