my position The problem at the the friday meeting was if you were not using a smart phone you could not ask questions, the previous call was a zoom like call where you could ask questions from your lap top
I had two questions for Patty
1. Any plan to hedge production - the feasability study had a plus $600 difference between all in costs and gold price ---today at $1900 the difference is close to $700 -- hedging a third of production at plus $2000 would protect the difference given the volatility of gold
2, The market does not like the financing --since its announcement in late Feb the stock has traded around or below the strike price so why the financing when your cash position is strong from the excercised warrants a month earlier --so why finance now and why not wait for a full quarter production if you needed cash? - who is the group and how dos it help? -what will the cash be used for? and why VALUE the company at $1.27 ---
Gobsmacked is how I feel about the financing