RE:CC highlightsfirecracker/4:
IMHO TMM may end the year with about $49m in cash & no debt "IF" gold averages $1,300. Add or subtract $10m for each $100 move in gold over the remaider of the year. (today gold is down to $1287 oz)
I don't know how you arrived @ $10m per quarter?
The fact is " Earnings and total comprehensive income totalled $8.1-million or five cents per share in Q1" This was based on having SOLD 36,763 oz gold whereas the production for Q1 was 35,197 oz the difference being 1,566 oz X $1294 = $2,026,404.
Subtract the $2.1m from the $8.1m = $6m Not $10m as you have suggested.
GLTA (always do your own DD)