June 1
is my guess as restart date. Volume of water and infrastructure potential damage gets less deeper go as no decline yet. Max cost estimate 5-10 million.
if can get going and zinc at 1.7 or higher should have debt paid off by end of 1st qtr next year. If zinc higher before that - maybe by year end. This excludes any additional debt for rp2.0 if gets financed.
one thing about the increase in rp 2.0 ore by 50 percent, the costs should go down more as more ore and longer time to spread cost over. This should hopefully more than offset any additional cost rp2.0 might cost and they are working on further optimization.
next year will be interesting- bankrupt cheap buyout or much higher share price. Time will tell. My guess is one of the last 2 items mentioned. Caribou info on new technology coming out hopefully in less than 60 days.
I expect them to revise pea on rp 2.0 given substantial increase in ore.
I also expect them to be able to expand Perkoa mine life beyond 9 months if zinc stays high. 2 years could give them time to get t3 ready. This is if zinc stays high enough to warrant investment on t3.