I agree also. I originaly posted this comment to begin with. But after looking at the figures knew it was not possible. I also agree that borrowing money at this stage would be a further pain for ECU. We just got a loan last November and that was suppose to be for generating more mill production. Although Argoz figures are usually very accurate, nobody at this time can predict future profits and losses. Estimates are fine. But anything can happen in a 6 month period as we well know. When ECU is making a substainable profit then is when dividends should come in place. Meanwhile it's a good time to buy equipment cheap. Take the profits and buy them.

One more thing I would like to add. It is impossible to to make decisions of this nature without a full undisclosed financial statement. Although we have the proven reserves positive cash flow is what people are looking at nowadays. Not promises. They got plenty of those in the last 10 years. I believe if we all could back up some time ago the financing was in place to have a 1500 tpd mill up and running. Everything else is in place for ECU to make major strides in the near term. Now we just need the shortsellers out of our business.