Red Dog came in above expectations. If Red October meets or exceeds, should be looking at $4m free cash from the 8 month mining announced to the ASX in February.
But the POG is going gangbusters.
My figures of different outcomes based on the higher gold price. If prices remain elevated for the remainder of the mining project, my maths says a few million more $$ might end up in the bank.
Ann: Ore Purchase Agreement Red October Gold Project, page-8
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