This is a nice start from the company, which appears to have a...

  1. 9,286 Posts.
    This is a nice start from the company, which appears to have a "tailings stockpile" from historic production.

    We can assume if the production is from the stockpile then the profit margin will be quite high, maybe 50%.

    On $29M revenue and 50% profit could be at least 20 cents EPS, which is excellent for tentative "low impact mining".

    It appears they are just scratching the surface and making use of any easy asset.

    Excellent cash flow for an explorer.
 
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Currently unlisted public company.

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