goforthebet ANV, Since its on my short list and fresh on my mind, Ill reply from memory. Producing about 200k oz now at nearly break even. Looking to expand to 500k in one or 2 phases which will add more debt on top of what they have. If gold takes off, 500k oz is a lot of leverage and cash flow to pay down the debt quickly and stock should get back to the $45 range where it was, otherwise, they could have serious financial problems.
With 25Million oz gold and nearly 900 million oz silver, the Hycroft property could expand ANV into a large company. The make or break is the price of gold.
I dont own it due to the risk, but if gold bottom proves to be in and metals start moving up. I might jump in fast.
Checkmate
