This is a thoughtful post and question. With all the potential that this stock has with FNQ and NT and currently in the Surat, I wonder when or even if the Company will turn a profit. The problem is all the new income etc is outweighed by costs, and all the potential sites in FNQ will require a big infrastructure build with the associated cost. Even if this is somehow funded without Shareholders paying more into Cap Raises, there will be a lot of debt to repay.
I'm in this for the long term, but have been holding for a long time already. At some stage, it would be good if we get to see future cost versus benefit analysis from Armour..... with a big focus on Shareholder benefit !
Nice forcast results from this well btw. Keep up the good work.
