You mistakenly wrote 200k i think you meant 20k ounces. Im...

You mistakenly wrote 200k i think you meant 20k ounces. Im really more concerned about net debt not loan balance..

40-29.2 =10.8 mill net debt since last update.

Forecast AISC was 1100-1200 I estimate it will lower due to free milling but who knows.

1724-1150=$574
$574x2000=11.48 million

Exploration and development drilling was forecast at 1.5 million so you can do the math.

Net Debt will = 0 very soon.

Bargin at these prices. IMO this will have a short term re rate at over 200 mill cap.

W.W