Everything is lining up now, all we need to have at current spot is average quarters at best leading up to stage 1. @frankj yes March will possibly be a bad QTR but if June QTR is even close to 18,000 ounces at say 6,000 ounces a month then we are going to see some serious money still being made here. 18koz @ $2,500 average = $45Million. We are now operating at circa $10mil a month from past presentations from Milan from memory. We have a tiny amount hedged which is great compared to even the big producers which have a lot of overhang to be produced and sold at low $2,000's and I would say debt is paid now or very soon. I have plenty of skin in the game and a MC of $260 is all I need now as I have been buying.
BLK Price at posting:
1.0¢ Sentiment: Hold Disclosure: Held
