$120 mill debt and rising on $15 mill sales and a loss last year on the first 3 mines.
Penumbra is the 4th but if I start repeating CCCs projections for this mine in 2014 I will just be propagating their unreliable spin which has been the reason for the massive decline in the SP.
Their low MC of mid $30 mill is well justified so if I were Kenny and I bought in at 3s or 4s I'll be taking the money and running. Almost 100% gain in a week is pretty good in my books.
$120 mill debt and rising on $15 mill sales and a loss last year...
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