RE:AISC of .70 in 2021?I think the big question - and the reason why share price is still where it is - is: will spot price remain where it is right now.
As much as things are looking good at the moment, it doesn't take a very wide lens to see how bad things were looking recently.
I don't honestly understand why spot price has moved up to where it is - but I also didn't really understand why spot price moved down as far as it did either. The market is rife with speculative pricing, and the people who suffer most are us small-time investors, who don't have access to the wealth of data that the bigger players have.
As such - my personal plan is to just wait. Trevali needs to move safely off the edge of the cliff before I'll invest any more of my money in them - because despite the fact that they are now "okay", they have done absolutely nothing to warrant confidence in them. They are surviving right now in spite of their efforts, not because of them. They have a lot of debt that needs to be paid down, and if they manage to bring that level to a more reasonable place, they absolutely could be a massive bargain at these prices - but until that happens, it's more of a gamble than an investment to buy more shares right now.