Ann: Quarterly Activities Report, page-16

I know you like to ramp up the figures a bit Doc, and also I remember you once doing a PE valuation
which you calculate on PE of 15. This is too optimistic for a small producer. I would have used 5.

Anyhow, conservatively say $600 per tonne, instead of $585 for ease of calculation . If they sell 6000, then that equals $3.6 mill per year.
What are their cost of sales, and also admin costs for the year, maybe someone here has some idea.
Then we can work out the net profit.

Lets keep it simple.
Later on we will be pleasantly surprised when they sell better quality at higher value than $585..

BTW Doc you said that the money per tonne was low. That's because they sold low quality
for the 3 months. Its only recently when they were able to up the purity. Can someone confirm this..