Time value of money is a foreign concept to EE. In an earlier post you mentioned that ES only listened to EE. I pointed the same thing out to ES in an email about not issuing static and uninformative news releases and he responded within minutes jumping all over me and taking me off the mailing list. He is really sensitive to that issue and might be concerned about an oppressed minority shareholder suit. Probably not the first time that concept has been raised with him. 

if nothing is sold this year and something happens to the bull market for metals, the pitchforks will be out.