RE:RE:RE:$113,797,271 of liabilities in 2021 Assuming the worst scenario...
Page 25 of the MDA shows that 114M are due within a year..
a) 61M of these 114M are "accounts payables" which I suspect to be dure in the short term.
b) 52.3M are due as debt repayment. And as per MDA, the debt is paid quarterly. I assume a tranche will be paid end November.
So I wanted to see what would be the situation IF accounts payable were 100% due within the end of 2020 --> 74M would be due by end of this year.
On the production side, using low production numbers and high AISC, another 30M CAD cash flow should be generated...
And for the first half 2021, I can not imagine the Company losing money. Q1 could be not very exciting but Q2 should be great.
IF we can trust Management explanations !
I hope this make sense ?