RE:I'm back in - cash flow positivefirecracker, I am happy to hear you are back in. This company got exactly what it needed. They managed to get some financing with no dilution, and they got a bump in the price of zinc. In 7 months, they will also be able to renegotiate treatment cost.
Bankruptcy or heavy dilution looked very possible a few months ago. Now they are off the table. The current market cap of US$94M is way too low considering the new outlook.
Now all we need is for the bone headed management to stop making dumb decisions. This is NOT the time to be spending $93M to increase mine output. They need to pay down debt and raise cash before they even think about spending $93M.