Correct .... those productions costs = transitioning ground into...

Correct .... those productions costs = transitioning ground into salable product .... at some stage a few coins will roll into the account and they can use those shillings to ramp some more production and then get paid more pesos then do some more digging and converting into sales and get paid more yen ...

Its hard on the start up phase and this is often when the cashflow wheels fall off so prudent management is key - if you don't trust management on this phase then don't buy the shares ...