I respect your opinion but I don’t agree. I think GC did come out with a black and a bloody nose to boot. The way I see it, a winner of a fight doesn’t agree to an interest free period of 2 years and extend the repayment dates out by 4 years plus chip in more cash in exchange for an extra board seat and some production benchmarks
Even at the low grades milled this last quarter AMI effectively produced a positive cashflow of $4-5m. At this rate, they would almost have all the cash to repay GC by 2020 and if they were short $20m or so they could borrow or raise it.
I note your concerns but to me the current set of facts tell me a different story and I’m very relaxed about the future of this company. Truth be known, if I wasn’t committed elsewhere I’d be buying a stack more
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Last
19.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $329.8M |
Open | High | Low | Value | Volume |
19.3¢ | 19.5¢ | 18.5¢ | $132.4K | 695.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 150000 | 19.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
19.5¢ | 1655477 | 14 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 150000 | 0.190 |
7 | 421811 | 0.185 |
9 | 1340431 | 0.180 |
5 | 500075 | 0.175 |
8 | 487457 | 0.170 |
Price($) | Vol. | No. |
---|---|---|
0.195 | 1655477 | 14 |
0.200 | 1160877 | 19 |
0.205 | 400868 | 6 |
0.210 | 1398970 | 11 |
0.215 | 1033600 | 6 |
Last trade - 16.10pm 03/07/2024 (20 minute delay) ? |
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