I entirely agree with you Spozzie!!
And if you bring a price/earnings ratio into the equation it even becomes a bigger screaming Buy.Lets be conservative an say a P/E ratio of 10 and earnings of $0.58 per share = $5.80 share price.
Of course there is a lot of work to be done to bring the mine into production,it will be a very busy 18 months for Richmond management.
As always DYOR