"the Belle Peck was never intended to be a revenue producer"
Really? Not according to their statement from the nov. 30th pr...
"SFMI will sell these bars to the smelter for CASH REVENUE." "As previously published, 15% cash aggregate of gross revenues from these dore sales and future transactions, as such, would be allocated towards a corporate share buy-back program. These proceeds will be sent to the Company’s corporate account at a brokerage house with instructions to buy-back SFMI’s shares at prevailing market prices. Upon settlement, these shares will be retired back into treasury shares, thus reducing total shares outstanding."
It certainly was intended to be revenue. NEXT!