RE:RE:RE:Auditor change - see SEDAR~ US$ 180-200 million in free cash by the end of 2022
We really have to take this number with a grain of salt. If I remember correctly, the bottom end of this rnage was based on 12.5K of production and an annual average price of $12. They maintained the 12.5 productiion after Feb but it became the top end of the production range rather than a mid-point - if no more issues and March went well. We shall have come clarity soon - perhaps if it did go well, it would be an excellent oppurtunity for a news release saying the impact of floods over and they continue to improve on supply chain constraints - or something along those lines if true.
Second Factor - $12, thats a stretch goal as well, they kind of slid that one in. We know Q1 didnt average $12 so we need more than $12 for the remainder of the year, just not sure that assumption is founded at this point.
I think $180M rose coloured glasses number and that doesn't factor in management's amazing ability to mess this up.