RE:RE:RE:Why TV still SP legging? kramaswamy, kicking the can down the road with no dilution is the best outcome that share holders could have hoped for. Going forward, I think this company is profitable at $1.15 zinc and cash flow positive around $1.05. That will change next year when the treatment costs should come down by at least $.10 per pound. That should make the company profitable at around $1.05 zinc.
If the company can survive another 7 months until the treatment costs are reset, and if the price of zinc drifts up another $.10, the company should be in very good shape. So long as they are able to make progress paying back the debt, I see no reason why the company could not reach a market cap of $100M per mine or $300M. That could take the stock price to around CA$.50 or US$.40.
This all assumes that the bone headed management stops trying to sabotage the company.