Not so sure you are correct Loki free cash flow of circa $60m+ usd(@$1250oz gold) will allow rapid payback of the debt maybe a dividend or even a share buyback eventually. They will also have new pits falling into the mine plan with the ongoing drill campaign .
Your post is vague particularly the ‘ higher costs and other outlays ‘ please eloborate as I’m pretty sure the DFS covers this . Strip ratio is utter nonsense and is fully costed in to the 116k oz $750usd AISC years 1&2 . That’s where the bigger bucks are being made due to proximity to the plant and ore being closer to the surface.quite simplistic but a fact nonetheless.
unless Dunbar is going to build an on-site lap dancing bar for his ahead of schedule mine constructors.
Furthermore I frequent the London aim market , so an old hand dealing with vague de ramps.
GCY Price at posting:
47.0¢ Sentiment: Buy Disclosure: Held
(20min delay)