Assuming average of 7,000 oz per quater and all in cost are about $850oz with NO growth!

           GOLD PRICE          REVENUE          COST         PROFIT
Q2      $1725                      12.08 M               6 M             6.08 M
Q3      $1900                      13.3 M                 6 M             7.3 M
Q4      $2000                      14.0 M                 6 M             8.0 M

Cash on Hand $25M+ as of March 31, 2020. Year end cash pile shoue be $46M+ 

Entire Market Cap right now is $70M. Majestic will be selling for less than $34M ex cash by year end with a 20 year producing mine.