The reason it is not a straight forward decision is the cost of production. It was stated early last year as $90. Once active one cannot just put it into care and maintenance without e
ard, management is being prudent a and it is also why the underwriting has conditions that need to be maintained I.e. 15 percent from about 108 usd and other metrics regarding sp. Why these conditions? the spp is 1 month away. However in the short term with news that can potentially boost the sp, Cannacord will have confidence to provide their clients an opportunity to exit provided if the want post raise.
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