RE:2017 guidance looking good
the 350 million$ credit-line will be sufficient for the sulfide expansion IF no costs overruns or delays happening... if all goes fine and the mine will be ready in Q2 2018 the stock is undervalued...
cashflow will be huge in the first 5 years of operation because until 2018 they will have a stockepile of sulfide-ore of nearly 1 million ounces directly available for processing... the debt will be repaid within 2 years and from this point they will earn money from this mine for another 20-25 years... 550 million$ marketcap looks wery cheap for all this... and don't forget about Gediktepe, the next low-capex + low cost project ....
@all a good future here