With revenue of over $2 million in April and total company costs for everything of around $1.2-1.3 million per month not including long term debt service which woud be about $165,000 per month if paid in this fashion, it's obvious to anyone that ECU is clearly cash-flow positive now. The month of April leaves no doubt whatsoever and is truly a major milestone for ECU.
In addition the company made a very stong statement that it's still implementing additional operational enhancements so I would easily expect another 20-30% improvement just based on the present production profile. Given that the company is still not running 100% with it's best and highest grade ore and the sulphide mill is still not running a full monthly schedule of sulphide ore leaves lots more room for additional monthly revenue growth. The question now is when is $3 million per month achieved and I would expect it won't take too long now as production profile growth is now right on track.
