GREY:RNKLF - Post by User
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Happypappyon Nov 14, 2018 11:47am
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Post# 28972758
Picture two drills, plus 2 more plus these numbers
Picture two drills, plus 2 more plus these numbers3Q18 3 Month Performance - SH Equity ER p5: 2Q18 C$(1.148M) -> 3Q18 C$12.573M - Performance added $13.721M equity value from a BK negative. - C$44.84M total liabilities removed 2Q18 -> 3Q18. Less BH sale C$6.47M TL removed. - C$10.456M debt payed, C$9.448M in cash, C$0.474M debt left - MD&A p21: Tolling C$9.032M, capital dev C$2.105M, stock C$3.959M - AISC C$31.515M C$1057.8/oz mined, less stock: C$27.556M C$924.9/oz USD 711.46/oz mined - 5987 oz are left to sale - ER p12 Inventory Footnote1: 11,361 oz high-grade on 9/30 + Oct Gold Add the Oct/Nov gold as well, $18M in the bank as they stated and only less than half of the high grade gold sold from 3Q18! Below 56c, this is traded below Dumont 20% NPV while company is all green on the balance sheet - recovered. Don't we love ER dips? Go figure. Projection: EOW above 20dma. Read more at https://www.stockhouse.com/companies/bullboard?symbol=t.rnx&postid=28972013#2KCUQUfEgd8l36sa.99