RE:Is Trevali turning profit yet??I hate the term "profit", because everyone interprets it differently.
At $1.75, Trevali will absolutely have a positive EBITDA. It will almost certainly also have a positive Net Income, although forex and other charges may dent that depending on how the settlements in the different currency regions were affected.
However, will Trevali have a net positive cash flow? We'll see. It'll largely depend on how much they spent on RP2.0 during Q1. I think it's probably a safe assumption that Trevali will have a net positive cash flow if there weren't larger-than-expected CapEx costs, and if they didn't end up with another situation of "we mined stuff but couldn't sell it for xyz". But it's Trevali. Expecting no surprises ... not exactly a safe move.