you are right. I must have not gotten enough sleep last night. Big goof. Your numbers look a lot better than mine!
Should bring in around 2 million a qtr cashflow. Second circuit would be 4million. X 4 = 16 million cashflow from the mine. Subtract 2.5 million for SG&A and you get 13.5million net before tax. You still have to subtract depreciation/depletion to get to net profit b/f tax.
Will be interesting to see first full qtr of results.