Financing Will Have Closed By Now
Insider records show that Rodney Orr cashed 20k warrants @60-70¢ Mar 16, almost two weeks ago.
These were the terms of the financing.
Conclusion: financing closed.
End Of Quarter
Q1 ends on Thursday, March 31.
Company would have presumably had a total of 77 fully operational days since startup.
I speculate that given the rate of production, and the simple analysis of the grade, and the average gold price, the results of operations over the period of Q1 should be roughly 30 - 35¢ per share on a yearly basis.
The company is trading below the global average on a market cap basis on its resources as if they were inferred, even though a significant chunk has moved over into measured and indicated.
-F6