small-town divide, page-10

Good oil when assessing if the actual process itself is profitable you shouldn't add the capital expenditure and admin costs to assess the processes itself.

The operating costs and income derived from the process is all that is needed, and that shows a marginal profit.

The other costs are related to the company as a whole. MHM as a company is not yet profitable.

Any capital expenditure is going towards enhancing the process and growing the business to realize the extra revenue from the process, as such you cannot judge future revenue performance from the current quarterly. For instance AL80 revenue will be coming online and contribute to the process revenue, from my understanding it should be at little operating costs as separating the AL Oxide out is already part of the process.

We do not know exactly just what makes up the operating costs or the capital expenditure that is happening. All in due time.