RE:foolsThe problem is that with no production from Perkoa and all of the associated upkeep and rescue expenses, they will be draining money at lightening speed.
If Caribou is roughly a break-even operation (hopefully), can RP float all of the expenses being incurred at Perkoa right now?
My guess is that with Zinc at 1.90 they could possibly run at cash-flow neutral.
With zinc at 1.70, much more difficult.
I think the good news is that say they were only running RP and really focused on getting their corporate expenses down (e.g. get rid of fancy Vancouver office and sustainability positions,lol) and it was making 10 million a quarter in profit, that is 10 cts/share per quarter.