5.137 Mt of tailings to process, at a rate of 67,000 tonnes per month.
Recent announcement says revenue of $18-$20 million expected in Q3 with costs of $7.5-$8.5 million. The plant should be optimized by qtr 3. Profits should be in the order of 10 mill/qtr so 40 million a year for a total of approximately 6 years, 240 million profit in 6 years. with a current MC of $70 million, is there any reason why this company doesn't deserve a massive re-rate? Anything I'm missing?
