"The Company is now evaluating the economics of a restart of the Velardeña operation without the need for major capital expenditures for the BIOX facility and ancillary equipment. Pending confirmation and Board approval of the start-up plan, the Company believes that it could commence production as soon as mid-2023."
I'll believe this when I see it. Management has been "evaluating economics" for years. I think it's "lip-service." They have limited capital and Rodeo will deplete at mid-year.
Personally, I don't trust anything they say. If there is anything to gain from Valardena, it's only because the rising gold/silver prices have bailed them out. Nothing mgmt. has done for four years has generated any shareholder benefit or improvement to the company's valuation.