RE:RE:RE:Why Would You Vote Against This Deal?already showed you evidence of cashflow positive in the above post. breakeven at 5300-5500 oz. they already are producing 5900 and growing as grade increases in 2023. i don't need to point to past financial statement because that is obviously in the past. point to upcoming q1 financial statement that will show it.
sgi was profitable the year before last and the share price did really go above $1 because they were profitable. sgi did turn around that year. unfortunately 2022 was the year of hell that nobody could have foreseen, with freaks of nature flooding and historically high rainfall, and covid reducing manpower. all that compounding the problem entering main pit deeps. sgi was profitable mining the other pits plutonic east and perch. 2022 is already over and all the cost of open pit mining and staff supporting that are gone. 2023 is a new year and already indicating cashflow positive in jan.
again you are pointing to auramet, first dibs on all of sgi assets? any sane person who is not a blubbering idiot or a bs artist can clearly see sgi can easily deliver 5k oz to auramet over 18 months, when sgi produced above 5k oz in only a single month! why would anybody think sgi would even remotely contemplate not delivering a measly 5k. full of BS.