They woudl have to be giveing serious thought to paying out the debt. For round numbers $1500 price less $500 costs equals $1,000 profit for around 15,000 ounces plus 5,000 ounces at $700US hedged means a rough profit around $16,000,000. What on earth would they do with that other than pay out the last measly $5m in debt. Still got $11 to put away for develping an expansion plan or a sulphide circuit.
you might find this interesting, page-28
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