RE:RE:What's the Point of This Why keep repeating the same things, only to address your own worries by making baseless conjectures that you acknowledge are merely instincts? I find it interesting how you attempt to disseminate fear, uncertainty, and doubt under the guise of legitimate concern and advice-seeking. As you’ve previously stated, you lack faith in the company and have chosen not to get in touch with them.. It’s intriguing that you choose not to reach out to the company for advice, but instead seek guidance from unknown individuals online. I doubt you have any stake in the company. It’s illogical for someone to hope for the company’s success, yet continually post wild speculations suggesting the current market price is fair and the company should be immediately liquidated to boost its market cap. There was a time when you were circulating deceptive information about a hypothetical corporate action, which you confessed was fabricated and based solely on a hunch.
I’ve previously mentioned the CEO has hinted at the 2024 guidance in an interview and here’s a review of Q4’23: In the final quarter of 2023, the company experienced a 14% rise in the production of gold equivalent ounces (GEOs), hitting 61,523. This increase was primarily due to the successful launch of the Magino Mine. However, the total GEOs produced in 2023 were 197,509, which was slightly below the company’s annual guidance of 200,000 to 230,000 GEOs by 1%. At the end of the year, the company had $83.8 million in cash and cash equivalents, with an outstanding debt of $218 million from the company’s term loan facilities.
The only unexpected elements will be the results of the publication of updated technical reports and drilling results in March.