It is going to be hard to break even as they have said they have paid or will pay:
Repayment of loan $3.5M
Development $2.5M
Staff 1$1.7M
Admin $250K
$8M.
In order to be cashflow positive they will need to produce gold around $1250/oz- which could be overly optimistic.
They will need 2 g/t to do this.
DYOR
It is going to be hard to break even as they have said they have...
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