profit - a simple question

Hi all.

Can someone answer me a simple question, bearing in mind I am not a financial expert. I just want a feel for how profitable FML might be in the future?

I am guessing if it can do 400k oz and make about $300 per oz then we are talking about $120 million gross profit. I just want a view, as amidst all the negativity, surely this could be a massively profitable operation pretty soon?

I am getting excited again and thinking mid to long term again. Also, would most of that gross margin be spent again on more looking for more gold or is there a point at which they may start to bank it or return it to us?