Hi Bobby, your questions are reasonable.
Share price is what it is. Some are buying the cheap shares, but the volumes are so small it is not worth bothering with for the most part. The key is not the share price but the volume. Insiders are barred by law as Digi has explained repeatedly with material events in the works.
Production will probably be next to nothing this quarter. I would expect the revenue from aggregate to be more than from AuEq. Next quarter, assuming we receive the money July 6th, and are able to resume production withing 60 days thereafter, should be maybe 4,000oz.Q1. if I had to guess. Q2 (Oct.-Dec.) I would guess 12,000oz. and profitable. Those are just guesses and not reliant on any information that is not public.
Financials will be much better this quarter due to management efforts. You have no idea what Richard Fifer is doing and your prejudice against flying is absurd. All of my family are pilots and we have several planes. What is wrong with that??
Some posters here, especially one in particular were asking for a curtailment of production until the POG was above $1,500.00oz. and now they/he whines.
I am happy if we have a bottom line profit regardless of production rate. Obviously more of both is always better.
You have contractual obligations sometimes that must be honored at all costs. One man's foolish spending might be another's necessary spending. Things are not done in a vacuum.
Nobody took the company anywhere. The company responded, albeit perhaps a little slowly, to unforeseen macro and micro events. They fared better than 45% of the Junior Miners. We are now moving rapidly forward toward resumption of production and profitability. Never a good situation to lose money, but it is being dealt with very efficiently IMO.
My glasses are fine and not making money right now is irrelevant to the future. That fact does not matter at all at this time. You are upset because you are upside down at the moment. But I think you are more sophisticated than that. A return to profitability this calendar year will result in recovery of the SP. The miniscule volume of trading should tell you that is what most actual shareholders firmly believe. I continue to buy as the shares are extremely cheap. Even a profit of only $0.10 for FY 2015 would trigger a nice increase.
The bottom line: Our future is now secure, and we are not going anywhere, so down side risk is not too much at this point. I have no idea where the SP will go between now and July 6th, but it should increase thereafter.
Those soliciting a change of control the viability of which has not even been evaluated by any competent authority, and are going forward without such, are so far out on a legal limb, risking all of their personal assets as well as their investment, that it is comical. It will be interesting to see how that is all resolved in the courts. Certainly with the germane questions I posted and Digi's informative posts they cannot claim ignorance of the pertinent issues, or the law. IMO they will need very deep pockets, and I expect will lose in the end.
Good Luck to you....I think the best of times are before us yet.
Looking forward to the resumption of production!!
Saludos,
AI
