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I was reading their consolidated results, didn't look into their...

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    I was reading their consolidated results, didn't look into their segment note. I see that for the quarter ending June 30, 2024 their Panasquiera mine netted $1.48M from operations with only $520k in G&A so maybe they are making money on a consistent basis. In saying that their interest expense is recorded only at the Corporate level which had $2.5M in interest expense, some of that no doubt related to the Sandong mine. If you split it out based on each segments total liabilities, Panasqueira has 15% of total liabilities which would roughly translate to $375K of the interest expense, so still clearing roughly $585k a quarter. Are they ramping that mine up any further?
    Last edited by PBlonde: 14/09/24
 
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