Some investors bought about 10% of the stock the last week or two of June in the 1.4...1.5 range.
They knew production was actually starting and financing in place. Bought at half of book assets.
With Sadek driving mine and mill development with engineers... not by seat of the pants like Lenic... real progress coming. The story here has always been leverage to the output growth
If you had been tripling your holdings below $1.22.... you would have a much more sunny view of the world.
After we go through the book value the next target is the 3.24 exercise price for the 5.5 million warrants that need to exercise by Dec 7th. (16 million cash equity inflow )
Should be well above that level after results for the 3rd qtr production levels are released in Oct.