Cash and Investments of $120 m. CAD at Exit 2023We exited 2022 with $70 million cad in cash and investments which was a gain of $40 million cad at entry to 2022.
POG was lower in 2022 and we ran out of ROM ore in Q4 whose low grades severely reduced cash flows in Q4.
Assuming Q4 was a one time event and noting that production gains have been stated for 2023, it's quite reasonable to expect up to at least $50 million being added to cash in 2023.
This would boost cash at exit 2023 to at least $120 million or about $0.12 per share.