What is a re-rate in your eyes? 30usd?, 50usd? and what is the timeline to get there - given historically silver has been around 25usd
So if lead is 10% lower than DFS pricing and silver is 1.3% high than DFS pricing - Excluding exchange rates - that's good right! Will be great to see them making a massive negative 180 million next year or was it the year after? Oh wait they haven't even procured the FY23 capex yet so you have a projected cash flow loss of 450 million over the next 4 years (minimum given they are so far behind), with no chance of NAIF and you all think you wont get diluted to the power of what? 10 fold -> currently 20 fold just to stay above board.
Maybe they'll finance it with debt.... somehow... a 450M dollar debt paid back over 9 years at 6% interest - this will never produce any return for holders. (-73m a year from inception)
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