The problem is we have no idea what the profitability is given...

The problem is we have no idea what the profitability is given management havent provided cash cost targets for the mill.

So trying to project a value is hard as there is no indication of margin. Anyone investing at the moment is putting faith in the notion that this little mill will produce reasonable quanitites of gold at low costs.

The problem is the grades they will be processing will probably start off fairly low and ramp up over the next year or two as they start actual mining.

Offsetting the low grade ore processing should be low costs for mining and transportation given it is all stockpiles that I believe are fairly easily accessed.

I just wish they would provide some numbers to assist an investment decision. Without these its just a higher risk guesswork play.