Looking back at prices in 2019 when the feasibility study was done, although not sure exactly what date, I'm guessing the average price would be around 1000 - 800 basis points. So we're looking for another ~700 points to drop to get closer to the mark and the rate at which we're dropping (based on the average of latest 3 days) comes to ~22 points per day which could mean another 31 days for it to reach closer to feasibility study levels, taking it to mid March. Of course it all depends on external influential factors as well that could expedite this or delay this. I'm purely going by the data off the charts. Feel free to correct me if I'm completely wrong!!
IMO
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- Ann: Quarterly Activities/Appendix 5B Cash Flow Report
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-77
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