There's plenty of options for a company making profits.
MOY has given the market a heads up that it is about to increase its production, increase its mineral resource, increase its ore reserve, increase the type of ore it can process and increase the possibility of processing other companies' ore through toll treatment. Not to mention decrease in AISC.
And yet, here we are, discussing how the company could possibly raise $13m-$15m cash needed completely expand the company in every direction. The company, if it wanted to, could raise that much in a quarter and a half of FCF. But why wait - raise it however you like, it will be money well spent and I look forward to the announcement however it is done.
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There's plenty of options for a company making profits. MOY has...
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