Torex average sold price Q1 was $157019000oz Jan/feb and a NR saying milling increased in March should see around 30k oz Q1. More oz=lower AISC than Q4. I think it will come in around $1100. $470x30k= $14.9 mil USD. Nearly $20mil cad cash flow from production.
That is a lot of dough for a $150mil MC company to make in one quarter.
Gold now at $1735, hopefully after all the mill shut down work the last 6 months they can go full swing for awhile. Imagine what the SP will be with 40kx$635 =$25.7mil USD ~$34mil CAD. $10?
If they can pull in a few quarters like that the balance sheet will be fixed and a partner won’t even be necessary anymore.