32m Sales
10.5m Profit
1 million payed back.
At that rate it will take around 30 years.
Very misleading I feel, as you forgot to mention that the rest of the profit has been reinvested into the project to further develop. It is obviously early days for Somiluana as it is for LOM. It makes perfect sense to further ramp up production through investment.
If as you suggest, all monies were paid back immediately from current production profits, the future potential would be severely retarded.
Simple Business 101
I doubt very much it will take 30 years for Trans Hex to be fully reimbursed as you have implied. As production ramps up, so does profit.
"hole in one"
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