Perhaps I read this wrong?
I come up with 4,000/mo from plant by August. 3,000/mo. heap leaching by October. 1,000 per month Portugal by December. LP ore shipments by March 2015. All creditors on board who matter. One small lawsuit without merit. DB on board with extended interest FQM syndicate. Still in silent period for a while. ...The US$60 million derived from the agreement allows the Company to completely address its senior credit facility, effectively eliminating its secured debt and precious metal and loan obligations, and strengthens the Company's balance sheet by reducing short term liabilities...
...The Company will target production in Spain and Portugal in the early part of next year...
Share price will probably continue to erode until a positive EPS reported for a quarter. I expect $0.03 to $0.04 in the meantime. If you want out...you better go now. Looks like a two year wait in my opinion to return to previous highs. Hard to really tell much else until Q4 audited report about September 15th 2014. Be nice to see unqualified report. Time to put on back burner for a few months. Survived the storm, but that is about it. PDI has some contracts yet. Cost per ounce will drop dramatically over the summer. Always interested in a PP at the right price now that storm has passed. Would like to see more transparency in reporting, but that will not come when every PR is criticized. What is the point?
Maybe make a trip to Spain and Portugal to look over operational progress.
Saludos,
