Not sure how you can say that "currently they are making $0 so the market is valuing them at that." They are operating a mine which is showing an annualised net cash flow of $24m. They have a mine life of 5 years on each of two mines and are constantly adding to the Hellyer reserves and probably will continue to do so.
They are operating in a benign political and economic environment as compared to many others.......and they are operating with a proven record, which most other smaller miners are not.
Seriously undervalued in my opinion.
Not sure how you can say that "currently they are making $0 so...
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