RE:RE:From the new research report (company sponsored)Phil again that's quite the thorough analysis that is not interested in becoming a Cerrado shareholder. You are starting to repeat yourself. If you were truly interested in this company, you would listen to the latest interviews to stay updated. I will repeat the latest. The CEO is on record saying the following:
The AISC at MDN is currently in the $1150-1200 range, and expects it to be below $1000 by year end.
MDN is making good money right now.
Cerrado won't need dilutionary funding in the near future
$8M cash on hand., unchanged from months ago.
He indicated funding from the banks as an option.
A suitable plant? They have a brand new 1000 tpd CIL plant completed in 2017....
So the question is, is the CEO to be believed, or not? I for one have no reason to not believe him.