looking ahead for 2022looking ahead for 2022:
- gcm increased production guidance to 210,000 - 225,000 oz gold (they have met or exceeded production guidance for the last 6 years).
- gold price looks to be higher than last year. for sure q1 gold price will be higher than last q. q1 production so far is higher than last year q1.
- delayed vat refund of $27 mil will be received in 2022.
q4 is in the past. q1 production will be announced soon in around 2 weeks. then in 1.5 months q1 financials will be reported.
with both production and gold price looking to be higher in 2022 than 2021, shouldn't the market be looking forward and not backward?
and toro doubling production looking forward. market should eventually go back to looking forward after past q4 news is over.