could be worseThe good:
- They got the warrant exercise done
- Gold forward sale
- Plan is to upgrade the plant before winter hits
- Mill to operate at full capacity which will dramatically lower cash costs on a per oz basis
The not so good
- Selling equity at >>50% discount to the 52wh
- Full warrants. What's the point of these other than to mollify bloodsucking hedge funds? Should things go well, the company will get an infusion of capital when it doesn't need it.