EbitdaSo we hopefully do 200 million cad with 4.00 plus u.s. copper.
So knock 40 million cad off for interest and u got 160 million free cash.
Np will take 5 million. Ymi 20. Alley 10. So 100 million u.s. for flor.
When new bonds vest tko should have 200 million u.s in the bank and then the 100 million ebtda for 300 million. So lots to build upsized flor with cash left for cushion.
Old school mining swagger is over and done. Management needs to greatly adjust attitudes in most cases. Corp managements will b certified as to competency before getting considered for permitting.
Tko is ahead and behind the new thinking. Environmentally and socially, gib seams to b a model. Np taught some big lessons. Locals were very opposed to old ymi team. When tko got them, I believe engagement with communities began with more hope.
The big behind us in treating sh like mushrooms.
nf