Lagging, page-43

Ill start by saying my sentiment should be "curious" but I am fairly new with trying to understand how to value a company properly.

This may sound silly but with a revenue of $227.5 million but a net profit of around $2mill, thats huge revenue but tiny profit margins ? I see they have invested a small portion into exploration costs but ay idea where I can find where the rest of the costs have gone?

Also if they have $80+mill in assets and profit is $2mill, then the company should be valued at around $100 million market cap max? Is that correct? First time really trying to value something here the best way I can.

No downramping or upramping either, just asking.

Thanks!

S