"A lot of things will become a lot clearer once the Yukon removes restrictions. Apparently it has been the major production/increased cost issue for over the past year or so. What happened prior?"
They built the processing plant and started producing concentrates Q4/2020.
The lack of underground miners and the Yukon's exceedingly strict Covid rules for the workplace hampered the import of qualified workers.
"As stated on this board and above there is a lack of employing/finding qualified miners. I read somewhere that you need miners to mine. And since, apprarently, there is a lack of qualified miners, the 400 TPD production in Q4 comment is just a statement not a fact."
Investor forums/ boards do not represent the company.
"It is stated that Alexco has 40M USD in cash. And? Upcoming financials will show the burn rate. Then there'll be a fact."
The July presentation was put up two weeks ago and they state Approx $40m USD's cash + $3m restricted cash. No long term debt. Fact.
"According to 2021 Q1 there was some concentrate produced. But it does work to have a lack of miners and then state full tilt production to 400 TPD. "
Q1
Shipping concentrate.
120-130 people working + 20-30 contrering actors.
March 4th
Clynt Nauman
"There is still shipping to consider; (trucking to Skagway, barge to Seattle, then overland to Trail?). Be a while untill that revenue shows on the books."
Again,concentrate has been going to Skagway for two quarters now.
"At the end of the day the only thing that's going to raise value for Alexco is ore getting mined, concentrate getting shipped, smelted and the revenue appearing on the books."
The mill was operating at 100tpd so the revenue will not be earth shattering for Q1.
The commencement of Bermingham ore production and increased operational capacity is what this shareholder is waiting to hear.
Of course,after four months of drilling Bermingham Deep the company could get off it's duff and release some cores to support their share price and loyal shareholders.