If u make consistent profit then ur a producer and not an...

If u make consistent profit then ur a producer and not an explorer. Ur boring. But that’s good for us. We make 270 million EBiTDA from SDV and about 150 from MC. That’s a total of 500M in profit. Now if we put an incredibly conservative PE of 5 we should have a MC of 2.5B. Now you say the dilution will kill but why. We are about half funded from POSCO, a deal that doesn’t influence the economics at all, and the rest can be funded by profits from MC gradually as needed. If we need quick cash maybe a 50M dollars in debt would be needed but we can pay that back. It looks good to me. Oh and we have something called James Bay as well which can be played with as we want.