RE: Missing something?23 Jan 2021 03:51
Agree David, by my calculations after the last 7.3mdebt repayment under Q1 2021 debt currently stands at 122m equal to our revenue, given that we already have an 8m casg buffer in place(we don’t have to build this up) all extra possitive cash flow seems to be going to pay off the debt facility. Working on a 13m possitive cash flow per quarter with the potential of this being ramped up further and higher grade ore in sectors 3+4 to come in 2022, I think we’re in the right place, we’ve just got here early. :) 3 years to mature fully, could be huge, dependant on further mine extentions and gold price.