No worries at all...
"Is anyone afaid of heavy dilution for the next few years until SFMI is profitable and then a 10 for 1 split"
"the next few years"? Really? First, if the small temporary smelter can produce $1M in a little over a month, that will already cover most of their operating costs. And the rate of dore production both from the year and a half's worth of stockpiled concentrate and from new production will increase as soon as they finish the new smelter facility. And why build a much bigger smelter? Because that's the bottleneck. They obviously don't think that a smelter that produces only $1M a month will be big enough to deal with the backlog of stockpiled concentrate and handle imminent production. And it's obviously a priority to get the bigger smelter working. Why? Because the larger capacity will be needed much sooner than your timeline of a few years. Their present rate of expenses ($38k/day) is approximately $14M a year. The small smelter is doing somewhere in that area. So profitability may occur as soon as the larger smelter is on line. Remember, they are improving the grades milled now that they have the in house lab available, and more than doubling the size and capacity of the mill.
