looks like a great company, page-8

If you do the sums, looking at the last 2 quarterly cash flow reports, calculating the value of the concentrate extracted and the operational costs, they are indeed making very little if any profit.

I have held shares in this company in the past. I have now sold all. The over-riding reason is that, IMO, management are experts in raising expectations high then failing to deliver.

If you rally want to buy or hold shares in this dog, I suggest you go back over the announcements of the last few years, looking at the promises made and what has actually been delivered. A quicker way to judge their effectiveness is to just look at the share price history, a dog in a bull market!