Help me out, what am I missing here? At 15,000t per month and...

Help me out, what am I missing here?

At 15,000t per month and $USD25 per tonne is $375,000 per month or $1.5M per quarter. Currrent admin costs, based on sept quarterly predictions are $325,000 per quarter, so $1.175M profit per quarter. 456M shares on issue means it's $0.00257675 per share per quarter, or just over 1c per share per annum. How is it trading at only 2.7c?

I understand the resource is fairly limited but it's still 7 years worth of 15,000t per month of mining and they appear to have other resources nearby ready to go? (I'm still reading)