Mine Operating Earnings doesn’t take into account essentials such as G&A, exploration, project development and Forex. For example, you stick all that on top of the 1q15 MOE of $2.63m and it suddenly turns into a $11.4m loss on operations. The net loss was $19.785m.
Also liquidity dopped by $39m, with cash now under $110m. And because of that…they’re going to spend $112.4m on the Dolores upgrade.
This can’t go on, PAAS. NR here