RE:2020 Cash flowhcarbon wrote: With assumed production of 15000 oz in may and after that up to 20000 oz from nov, the 2020 production will be around 160 Koz. John said that 2020 Asic would be North of 800. Suppose 900US$/oz. That would implicate a cashflow of 179 mil Cd$!
Expect 10,000 oz in May and maximum 15,000 oz/month for the rest of the year. Maximum 2020 production 125,000 - 135,000 oz at an AISC of $1,080 - $1,300/oz.
It looks like FS numbers are too high of a target for the team in charge. They exceed the costs, I must give them credit for that!
Instead of pushing production and exceed the FS estimate in a positive gold environment, they elect to "take it easy" and deliver mediocre results.
John wants to milk this cow long and slow...
Amateurs!
This one is going down again, today. Newsletter investors stop orders started to kick in ...
Good luck.