RE:RE:RE:Simply the best company ...i know, non-cash liability. most of it is coming from the warrants and some from the convertible. the gold notes a smaller amount. counter intuitive for rising share price to look like a bigger loss. the warrants will disappear 2024.
too bad they have accounting like that, makes it look like a loss to the casual person not familiar with gcm, when the opposite is true, they are a huge cash cow. hopefully the dividend helps people see that gcm is generating an abundance of cash. with around $140 mil free cash generated per year at this gold price, they can afford to buy back those warrants.
kkkrrr wrote:
there is no non-cash charge ...its only the value of the warrent liabilities at the balance sheet (they go up with rising SP ) , the same with the Gold Notes .. its an non- issue