I can't help but think I'm missing something here, but I can't...

I can't help but think I'm missing something here, but I can't see what I is.

A company with a market cap of $38Mill is about to spend $42 Mill and when done will be earning over $30mill/year profit ( 50,000oz * ( $1250-$625 ) for at least 5 years.

OK, slight concern how they'll get the capital to build the mine, but apart from that, it seems a no brainer, but looking at the SP suggests the investment world generally doesn't see things the same way.

What am I missing?