How long has Mark Connelly been chairman now? I see him more as a seller than an operator, but I suspect most companies couldn't spin an acquisition to existing holders without a resource, so there is that. Newmont just made an all cash takeover offer, so that has started. B2 Gold had US$480m cash at the end of Dec 2020. Just sayin.
Still if you assume a gold price ranging from 1,600 -1,800 an ounce US. (which most shareholders probably think is conservative at this point) you don't have to produce many ounces to produce meaningful cashflow - even after tax.
Cash now or pufferfish to attract more cash later? Why can't they do both simultaneously?
How long has Mark Connelly been chairman now? I see him more as...
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