RE:RE:RE:RE:Shareholder Equity Almost Triple of Current Share Price .35cWell, isn't it ironic that DD was the one who initiated the talks with Samsung regarding this offtake agreement covering copper concentrates from Don Mario and gold and silver dore from EVBC?
This deal has been in the works for quite some time, and the due diligence by Samsung taking many months.
EVBC costs with Carles operating were between $18 and $19 million dollars per quarter, and current costs without Carles are $13.5 million dollars, so Carles was costing $5 million dollars in extra operating expense. So management saved 6 x 5 = $30 million dollars and didn't produce 18,000 ounces of gold below cost. Sounds like the correct decision to me.