RE: Another calculation I find interestingThe numbers from the PR would lead to cashflow of 1.2million /month, not net earnings. Net earnings include overhead for administration, depletion, amortization, stock options expenses, etc. The multiples for cashflow vs earnings are lower. Also base metal producers get a much lower multiple than gold producers. So the percentage of gold production could have an impact on market valuation down the road, depending on the % of gold/silver production vs lead/zinc.
Still waiting for actual revs. What are they doing with the production from 240tpd? Are they stockpiling it? Are they selling it? How long have they been producing? Months? What are they doing with the concentrate? Why can't they sell it?