Things look very different with today's gold price.
So at current prices, we make a tick over $44M in the first (current) year mining Mt. Boppy. That clears the $22M debt and provides an additional $22M in working capital. Considering the IPO provides the funds for extensive drilling of both sites over the first year, we could have upwards of $22M in cash at the end of this current financial year. Obviously this is subject to change due to gold price fluctuations. Could be more, could be less.
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