So you really don't know what the revenue or profit will be for...

So you really don't know what the revenue or profit will be for the company in the next 12 months?

This is why i would rarely call a mining company a "sound" business. To me a sound biz is something with a mote of some sort to harness repeatable and relatively certain income. Mining companies for the most part are destroyers of capital in the long run and are a total gamble on favourable commodity prices and exploration success. Payout ratios are almost always poor. Of course none of this matters to a trader and i'm not about to say you can't make money from miners; just that there are a plethora of better businesses available at every market cap, in comparison. End of the day though, always good to see the little guys have a win and i can only say well done to those who time these things right.