What Mr. Downer forgets is that he lives and dwells in the past but VG is looking to the future. Soon Starvation Canyon mine will be open to add more gold to the production numbers and lower the cost of production.
Add to that a couple of toll milling contracts and we should be generating over 100M free cash flow. That makes those numbers look small ...
As always, you can't rebuild a mill and open mines without expenditures. Downer not only lives in the past but also in laaaa laaaa land !
While VG moves onward and upward, ever forward in building and increasing production, Downer remains living in the past and is obviously not capable of moving on.