Post by
idlefreebird on Jul 07, 2018 7:54am
From May 22 to July 3 presentation
Poet your welcome...
Assuming 22,000 ounces poured and giving $800.00 profit per ounce = 17.6 M
Warrants were 19.3 M now 16.7 M AT .60 for cash on hand of = 3.4 M
21.0 M
CAT Finance lease was 20 m and now 12.7 M FOR A PAYDOWN OF = 7.3 M
Restricted cash under company senior credit facility 6M to 17 M = 11.0 M
Throw in some taxe money and we can see that our debt was reduced by 7.3 million and our liquidity cash from May 22 , $21.2 M is now as of July 3, $33 M has been put to senior credit facility..gltal
Comment by
idlefreebird on Jul 07, 2018 12:03pm
me bad not $33 M to senior credit facility as previous post stated...$17 M to credit facility and $16 M cash at hand... for $33 M total cash liquidity...gltal