FT's Market cap makes no senseCurrently 25 - 28 million.
FT spent twice that amount on the Revenue-Virginius silver mine and the current owner (Aurcana) needs another 40 million USD to bring it into production. The mine is a worthless hole in the ground with a latest fantasy FS projecting 100 million in net free cash over a six year mine life.That 100 million does not include repayment of the 80 million USD sunk costs by Lascaux, the current 75% majority owner of the mine.
It is obvious somebody or something has their thumb on the scales. I would presume Goad has a card up his sleeve. Somewhere, somebody made the wrong call.