$113,797,271 of liabilities in 2021For the ones who understand financial statements, page 25 of the document (link below) indicates Victoria Gold will end up in default in 2021 or issue cheap shares (dilution) to pay for the second edition of John McConnell's book...
Accounts payable, lease liabilitiy and debt are a staggering $114M for 2021!!!
Anticipating they will never reach FS guidance for production, cash costs and AISC, a net loss is pretty much guaranteed for both Q1 and Q2 of 2021 and heading for a credit crunch in H1 of 2021.
Interesting times ahead!
https://vgcx.com/site/assets/files/6610/vit_q3_september20_mda_2020-11-12_final.pdf
GLTA