MMM congratulations again.
What else can we do? Take a lot longer for shareholders to get a return and miss the best years of the stock portion of this gold bull. We will also have to go back to the same insto's to obtain cash at a discount (holders hate that so does DT) - not optimum.
How do we get $227M + operating margins to get to 500k oz PA, divvies and lower cash costs. Now this is the no 'brainer' IMO.
But I would have to talk about rocks - that is key - and capacity to produce - and economies of scale - and commercial reality.
One last point the BOD and SGG are long term players that is the 'why' things have taken their course so far. So much emphasis on SP which is not surprising. Capacity + margin + minable ounces = higher valuation per share for all holders.
I think your thinking is excellent MMM thank you.
Cheers,
CW
DYOR&DD
CW
DYOR&DD
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- approve the placement i say
approve the placement i say, page-13
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