GREY:SOHFD - Post by User
Comment by
Bobwinson Jul 04, 2018 2:53pm
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Post# 28268584
RE:RE:RE:Wake up! Second qauter earnings comes out in next few weeks.
RE:RE:RE:Wake up! Second qauter earnings comes out in next few weeks.Thanks for digging into the details of the loan repayment. I think you are correct that cash will be fairly tight for the next 8 months. However, once that's done, Telson will have TWO producing, commercial mines. Tahuehueto should come online about the time the loan is paid off.
In 2019, once both mines are commercial and producing, Telson should be in good position to fine tune operations and boost production and cashflow. I have no doubts that mgmt will be looking for additional purchases and building more production. The cashflow should allow additional production without a huge amount of dilution.