Watch the full video from focusIR/London South December Webinar with TRR, KAV, ACF. View here.
I would add that they need to show a net increase in cash balances delivered by receipts from manica profit share and a reduction in corporate overheads which need to be c50% lower to be representative of current mcap.
So Empress have just released their financials and management discussion for Q3 which as usual contains Manica segement results.
https://empressroyalty.com/investor/financials/
In Q3 Empress earnt $430,477 from their 3.375% royalty. Q2 it was broadly same at $441,081
So gross gold value was $12.754 million applying the royalty.
Q3 gold spot average was about $1950 so I'll use that as the realised sale value per oz.
So that means Q3 production was 6541 oz broadly similar to Q2 as reported by XTR of 6450 oz see RNS from 23 Oct.
Clearly this estimate of production is influened by assumed gold price per oz.
I had hoped to see a higher production level in Q3 as the same RNS from XTR states July monthly production at 82.9kg (2665 Troy oz)
"Money" Pink Floyd
Money
Get away
You get a good job with more pay and you're okay
Money
It's a gas
Grab that cash with both hands and make a stash
New car, caviar, four star, daydream
Think I'll buy me a football team
Money
Get back
I'm alright, Jack, keep your hands off of my stack
Money
It's a hit
Don't give me that do goody good bullsh*t
Post from Quakes is interesting imho
https://twitter.com/quakes99/status/1725923061973799397?t=26dBQQNjc1Z7xf9l4kRzlQ&s=19
Https://www.instagram.com/p/Czoc_TrOIWO/?igshid=MWd0ZG4zcXpoZ3RrMA==
Might be good for Colin and OSV to get up in the basket and look for future value opportunities