So all being equal (production, ounces, price, costs etc) at this time next year we could have Option 1, $50m in the bank $18m debt or Option 2, $30m in the bank and $0 debt. That's without finding any more gold. That would see roughly option 1 - 1.7c per share in cash and option 2 - 1c per share in cash. Share price is 3.6c.....I should buy some more.
Ann: Jaurdi Gold Project July Production Update, page-21
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