What's really happening?
- Full year operating cash flow of $199 million , reflecting adjusted cash flow per share of $0.22 .
- New $250 million revolving credit facility with maturity date of December 31, 2024 .
- Immediately available liquidity of $229 million , including $179 million of cash on hand.
Goin forward we have;
- 2021 production range of 340,000 to 380,000 gold ounces at AISC of $1,050 to $1,200 per ounce sold, reflecting an approximate 20% increase in production from 2020 at approximately 12% lower AISC.
- Increasing five-year production to over 500,000 ounces of gold with increasing margins on lower costs and decreasing expansionary capital investment.
And going forward is really the key. If we take the mid range of production of 360,000 multiply it by $600 per oz [gold at $1700 minus an AISC of $1100 leaving $600 per oz] we get $216,000,000.
Can the usual critics [or anyone] give me comparable gold producers with a 1.34 billion market cap [or there abouts] with a similar profile?
Make yourselves useful, give us some alternatives.