How big is the tax loss carryforward on the company books right now? Anyone have that number so we can see how long it is before we have to pay taxes on the profits being made??
So, maybe you should take your figures and multiply them by 2.5
Also, try projecting your numbers for the other mines that will open and adding these numbers in. It seems you are basing all of your calculations on just this one start up.
With that, maybe multiply again by another 4 for a multiplier of 10. Then, $1-$2 becomes $10-$20 or much more.