At the moment, running a fast ruler over the projected earnings...

At the moment, running a fast ruler over the projected earnings at the current silver price - they will generate something like 2.5 - 2.8 million a year profit from the operation.

They have to pay the admin, directors and loans out of this,

They basically owe $30 million, that will take 15 years to pay off at this margin.

Costs have to come down, they can't bet soley on the POS going up.

However, if the POS gets up to $30 an ounce it's a different story altogether!