RE:RE:I am curious McConnell is stil confirming (as per last interview - The Assay TV) that they expect to be at full production by year end 210'000/year so 17.5K pe rmonth IF producing all year. My guess is that we could expect 210K/10 months = 21K pe rmonth when producing
And last but not least, AISC is expected to be down to less than 800/oz. For this year, it is expected to be between 950 and 1150/oz because of : smaller production, Covid costs, additional costs adjusting the production process.
So in 2021 we can expect 210M free cash with POG at 1800$/2400CAD...
What to do with ??? ok two/three months production is hedged at 1936 CAD so about 18M$ will go to Macquarie. Some debts repayments, exploration funding...
I hope we will see a dividend by 2q 2021...
Nice place where to be waiting for drill results... In the meantime pps will be correlated to POG and USD/CAD fluctuations.... Now that the Orion offering must be digested by the market.