Given mgmt has failed to show actual data from Q4 broken out from the annual financials - it's clear they are hiding information. For example, where is the revenue breakdown of $5.5m from the quarter which is merely reflected as $4.1mil ? Where did the other $1m go ? There is a $500k unaccounted for deduction net of refinery payable, TC/RC and New Afton 11% deduction.
Also, they are not clearly representing price for fuel outside of hwy hauling and mining expense.
One thing that is clear is leadership continues to pay themselves salaries and bonuses even though they have failed to deliver results to their shareholders.
Kevin Smith blatantly lied to everyone in Q1 2022, and misrepresented the status of operations and expected earnings, and stole $18.5 from investors at $1.25/share with misleading hyped up videos.
This company has blew through shareholders money with zero results to show for it in the form of EBITDA. Cash out while you still can. This stocks heading to $0.05 based on no cash flow to make the $3m payment.